SOLD
Sold on 27 Mar 2024 for $1,020,000

5/15 King Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 200m2
Land area: 77m2
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Property Details for 5/15 King St, Balmain

5/15 King St, Balmain is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 77m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Balmain in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
200m2
Land Size
77m2
Local Government
Inner West
Lot/Plan
5/SP21630

Last Listing description (May 2024)

A bright and sunny apartment in an ultra convenient location.

Features:
- 2 bedrooms capturing northern light

- Modern kitchen
- Open plan living dining leading onto spacious private balcony
- Single LUG
- Polished boards, storage, security intercom,
- Pleasant outlook, low maintenance building
- Rental value $635 per week

Ambient stroll to Elkington Park, Dawn Fraser Pool, Darling St shops, cafes and restaurants

Unit - 63sqm (including balcony)
Parking - 14sqm
Total - 77sqm

The strata report is available here - http://www.eyeon.com.au/s/TPfzNi

Strata Levies: $837.85 per quarter (approx)
Council Rates: $322 per quarter (approx)
Water Rates: $178.42 per quarter (approx)

Property History for 5/15 King St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$1,020,000
27 Mar 2024
Listed for Rent
$520/w
30 Dec 2021
  • 27 Mar 2024
    Sold for $1,020,000
  • 19 Mar 2024
    Listed for Sale Not Disclosed
  • 29 Dec 2021
    Listed for Rent $520 / 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 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.

Suburb Insights for Balmain 2041

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Harris Partners Real Estate
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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.