SOLD
Sold on 28 Nov 2023 for $720,000

2/40 Arthur Street
Balmain NSW 2041

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Ada Mastronardo
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Samantha Elvy
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Property Details for 2/40 Arthur St, Balmain

2/40 Arthur St, Balmain is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Balmain in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
52m2
Local Government
Inner West
Lot/Plan
2/SP74359

Last Listing description (April 2024)

Surrounded by leafy greenery with a sunny north-east aspect, this boutique apartment's tucked-away setting behind the buzz of Balmain village offers a lifestyle of carefree convenience. Tastefully renovated interiors bring a welcoming homely feel while an oversized layout makes for comfortable living with a private balcony and off-street parking a massive bonus on the peninsula. A quiet retreat from the hustle and bustle yet reassuringly close to the action, this peninsula hideaway is perfect for the professional buyer or downsizer just 250m to Balmain Town Hall and a stroll to local institutions including The Cat & Fiddle, Cantina, The Cottage and Lodge Bar.

- A rare opportunity to buy in a tightly held block of 12
- Whisper-quiet setting with no traffic noise, 69sqm on title

- Large bedroom with built-ins and a tranquil leafy outlook
- Glass-fronted living/dining flows to a NE facing balcony
- Hybrid timber floors, retractable ceiling fans and fitted blinds
- Sleek Caesarstone kitchen in Frosty Carrina, induction cooktop
- Asko dishwasher, plentiful storage space, European laundry
- Good-sized bathroom with a bath, off-street parking on title
- Near-level access, pet-friendly block with affordable levies
- Fantastic location, a short stroll to every convenience
- 400m to the recently renovated open-air Dawn Fraser Baths

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Property History for 2/40 Arthur St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$720,000
28 Nov 2023
Listed for Rent
$420/w
22 May 2011
  • 28 Nov 2023
    Sold for $720,000
  • 08 Nov 2023
    Listed for Sale Not Disclosed
  • 22 May 2011
    Listed for Rent - Price not available
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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 41.78% increase in median value, while Units have seen a 31.10% increase. As at 30 September 2024:

  • The median value for Houses in Balmain is $2,743,026 while the median value for Units is $1,341,405.
  • Houses have a median rent of $1,000 while Units have a median rent of $780.
There are currently 9 properties listed for sale, and 15 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Balmain.

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Ada Mastronardo
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Samantha Elvy
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Cobden & Hayson Balmain
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