SOLD
Sold on 17 Aug 2024 for $1,600,000

9/85 Palmer Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 115m2
Land area: 20637m2
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Property Details for 9/85 Palmer St, Balmain

9/85 Palmer St, Balmain is a 2 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 20637m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Balmain in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
115m2
Land Size
20637m2
Local Government
Inner West
Lot/Plan
86/SP61963

Last Listing description (October 2024)

Step out into a leafy reserve and nature's playground from this solid brick two-bedroom apartment in the popular 'Somerset Mews' complex above Birrung Park and the foreshores of White Bay. Wonderfully quiet and private, it offers refreshed interiors featuring direct entry from the rear reserve to a generous east facing courtyard embraced by green space and with sweeping sky, harbour district and city views including the Anzac Bridge. The apartment is well-presented throughout and includes secure undercover parking with storage, while residents have access to excellent facilities on site. Whilst enjoying a rare sense of peace and seclusion, the apartment is also conveniently located just 500m to Darling Street's vibrant cafes and restaurants, Woolworths supermarket and city buses.

- Security entrance within complex and direct private rear access
- A/V intercom, ducted air conditioning and floating floorboards

- Open living/dining area flows to the courtyard and parklands
- Modern kitchen has generous storage and s/steel appliances
- Built-in robes, main bed ensuite with bath, updated bathroom
- Internal laundry, basement secure car space with storage unit
- On-site heated 25m swimming pool, spa, sauna and gymnasium

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Property History for 9/85 Palmer St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$1,600,000
17 Aug 2024
Listed for Rent
$800/w
06 May 2014
  • 29 Aug 2024
    Listed for Rent - Price not available
  • 17 Aug 2024
    Sold for $1,600,000
  • 24 Jul 2024
    Listed for Sale Sold $1,600,000
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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 6,059 properties. Over the last 5 years, Houses in Balmain have seen a 19.68% increase in median value, while Units have seen a 18.55% increase. As at 28 February 2025:

  • The median value for Houses in Balmain is $2,673,189 while the median value for Units is $1,352,298.
  • Houses have a median rent of $975 while Units have a median rent of $800.
There are currently 7 properties listed for sale, and 14 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Balmain.

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