16A/1 Buchanan StreetBalmain NSW 2041
Property Details for 16a/1 Buchanan St, Balmain
16a/1 Buchanan St, Balmain is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 6761m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Balmain in the last 12 months.
Last Listing description (September 2017)
Set in the popular 'Dockside' development, this modern 2 bedroom apartment enjoys a light & bright elevated position taking in a leafy outlook which is perfectly placed for exceptional convenience to all of Balmain's attractions.
Boasting generous proportions, the apartment features a relaxed, open plan layout with a well appointed kitchen. The living extends to a large covered balcony that captures plenty of sunlight and is well suited to outdoor entertaining.
Property features include;
- Timber flooring in living with new carpet in the bedrooms
- Reverse cycle air-conditioning
- Large master bedroom with en-suite, walk-in wardrobe & access to balcony
- Second bedroom features built-in wardrobe
- Gourmet kitchen features granite benchtops, pantry & stainless appliances including gas cooktop, rangehood, microwave & dishwasher
- Separate internal laundry with drying rack & clothes dryer
- Lock up garage with adequate space for storage
- Security building with intercom access, resort style facilities with a 25m lap pool with BBQ facilities, restaurants and shops at its doorstep
- Ideal first home purchase or investment opportunity with an estimated rental return of $780 p/w
- Surrounded by manicured gardens & parkland & enjoys quick and easy access to the CBD
Balmain Realty "Real Estate Solutions for the Balmain Peninsula & Inner West"
(Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent)
Property History for 16a/1 Buchanan St, Balmain, NSW 2041
- 24 May 2024Sold for $1,365,000
- 30 Mar 2021Sold for $1,245,000
- 04 Jun 2019Listed for Rent - Price not available
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0About 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.
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