OFF MARKET

15/242 Darling Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 898m2
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Property Details for 15/242 Darling St, Balmain

15/242 Darling St, Balmain is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 898m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1950
Floor Size
54m2
Land Size
898m2
Local Government
Inner West
Lot/Plan
15/SP49305

Last Listing description (October 2022)

A premium location within footsteps to Darling Street's great food, coffee, transport and entertainment options gives this two-bedroom security apartment excellent lifestyle appeal. Positioned directly opposite Gladstone Park, it is well-appointed and smartly presented throughout, and offers a quality property of light and privacy with the emphasis on convenience, as it's well-positioned on Balmain's signature thoroughfare. All the elements of entry-level or investment success are here with a readymade home in a well-maintained security complex offering excellent growth and rental prospects.

An elevated position that captures glimpses to the city and bridge
A practical floorplan featuring open living and dining areas

Quality modern kitchen includes a gas cooktop and dishwasher
Two peaceful bedrooms are both fitted with built-in wardrobes
Good-sized bathroom that has an internal laundry
Air-conditioning, ceiling fan and intercom entrance
In a well-maintained building with a car space on title
Walk to Balmain village pubs, city buses and the ferry wharf
A prime opportunity for market newcomers and investors

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Property History for 15/242 Darling St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$900,000
17 Jun 2022
Listed for Rent
$600/w
17 Jan 2020
  • 17 Jun 2022
    Sold for $900,000
  • 06 Apr 2022
    Listed for Sale Under Contract - Michael Montano
  • 08 Nov 2019
    Listed for Rent $600 / 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 6,021 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 10 properties listed for sale, and 20 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Balmain.

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