523 Darling StreetBalmain NSW 2041
Property Details for 523 Darling St, Balmain
523 Darling St, Balmain is a 6 bedroom, 4 bathroom House. The property has a land size of 373m2. While the property is not currently for sale or for rent, it was last sold in August 2007.
Last Listing description (August 2007)
'Stellar OpportunitynThis purpose built block of Four x Two bedroom apartments presents a superb opportunity for the prudent investor to acquire a manageable block on a single title.
Boasting a true Balmain address thus enjoying proximity to transport, shops, restaurants and parklands, the desirability of refurbished character apartments is beyond question.
The potential to add both amenity and value to the block will be readily evident to experienced investors who will recognise both capital gain and rental potential.
Property History for 523 Darling St, Balmain, NSW 2041
- 26 Aug 2007Listed for Sale FORTHCOMING AUCTION
- 09 Aug 2007Sold for $1,575,000
- 12 Jul 2007Listed for Sale FORTHCOMING AUCTION
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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 6,022 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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