OFF MARKET

11/85 Palmer Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 6876m2
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Property Details for 11/85 Palmer St, Balmain

11/85 Palmer St, Balmain is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 6876m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
2000
Floor Size
100m2
Land Size
6876m2
Local Government
Inner West
Lot/Plan
88/SP61963

Last Listing description (September 2021)

This quiet and spacious two bedroom apartment enjoys ample natural lighting and magical panoramic views across Port Jackson to Pyrmont and the dramatic city skyline. Privately nestled within the peaceful harbourside surrounds of Somerset Mews.

- Generous living/dining opening to a harbour-view balcony

- Main bedroom with dressing area and ensuite with a bath

- Large gourmet kitchen with gas cooking and dishwasher

- Separate internal laundry and ample storage throughout

- Security parking and ducted air conditioning

- Resort lifestyle with indoor pool, spa, sauna and fully equipped gym

- Brief stroll to the cosmopolitan attractions of Darling Street

- Just footsteps to waterfront Birrung Park

Property History for 11/85 Palmer St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$1,235,000
18 Feb 2017
Listed for Rent
$750/w
21 Sep 2021
  • 02 Sep 2021
    Listed for Rent $750 / week
  • 22 Aug 2017
    Listed for Rent - Price not available
  • 27 Mar 2017
    Listed for Rent $825 / week
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About Balmain 2041

The size of Balmain is approximately 1.6 square kilometres. It has 15 parks covering nearly 8.8% of total area. The population of Balmain in 2011 was 9,783 people. By 2016 the population was 10,463 showing a population growth of 7.0% in the area during that time. The predominant age group in Balmain is 30-39 years. Households in Balmain are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain work in a professional occupation. In 2011, 54.2% of the homes in Balmain were owner-occupied compared with 55.6% in 2016.

Balmain has 6,019 properties. Over the last 5 years, Houses in Balmain have seen a 30.15% increase in median value, while Units have seen a 33.36% increase. As at 31 October 2024:

  • The median value for Houses in Balmain is $2,651,536 while the median value for Units is $1,372,766.
  • Houses have a median rent of $1,000 while Units have a median rent of $790.
There are currently 9 properties listed for sale, and 19 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Balmain.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.