SOLD
Sold on 21 May 2024 for $2,300,000

54-56 Darling Street
Balmain East NSW 2041

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Floor area: 150m2
Land area: 218m2
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Property Details for 54-56 Darling St, Balmain East

54-56 Darling St, Balmain East is a 4 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 218m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Balmain East in the last 12 months.

Building Type
House
Floor Size
150m2
Land Size
218m2
Local Government
Inner West
Lot/Plan
11/DP878195

Last Listing description (November 2020)

Situated on a North facing corner block, in the beautiful harbourside suburb of Balmain East, is a rare & exciting opportunity to purchase this original mixed-use property on approximately 218sqm of land.Offered for the first time in over 80 years, this property is generously proportioned and is patiently awaiting a transformation. It presents unlimited potential and boundless possibilities to recreate/rebuild a contemporary residence & commercial shop/office front (STCA).

Spoilt with a full view of Sydney Harbour Bridge at your front doorstep, stroll down the street to the waters edge and take in the beauty of Sydney harbour from multiple foreshore walks. Set in a popular village hub, surrounded by charming period homes, eclectic shopping & dining precinct and metres to city buses and the ferry wharf.

Property Highlights:

- North facing corner position
- Mixed-use property on approximately 218sqm of land
- Commercial office/shop, 2 x 1 bedroom unit & 1 x 2 bedroom unit
- B1 Zoning & FSR 1:1
- Huge potential to value add (STCA)
- Lock up garage & storage
- 100m to Balmain East Ferry Wharf
-Full view of Sydney Harbour Bridge from your front door
- Ideal for home & income opportunity
- Additional storage in the basement & attic
- Two street frontage with access to garage from Johnston Street
- Moments to shops, markets, schools, foreshore parks & walks

Open Inspection: Thursday & Saturday 11:30am - 12:00pm
Auction: Onsite 31st October 2020 at 12:00pm (registration from 11:30am)

Property History for 54-56 Darling St, Balmain East, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$2,300,000
21 May 2024
  • 21 May 2024
    Sold for $2,300,000
  • 31 Oct 2020
    Sold for $3,420,000
  • 08 Oct 2020
    Listed for Sale Auction
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About Balmain East 2041

The size of Balmain East is approximately 0.3 square kilometres. It has 10 parks covering nearly 10.5% of total area. The population of Balmain East in 2011 was 1,866 people. By 2016 the population was 1,935 showing a population growth of 3.7% in the area during that time. The predominant age group in Balmain East is 40-49 years. Households in Balmain East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain East work in a professional occupation. In 2011, 55.7% of the homes in Balmain East were owner-occupied compared with 57.4% in 2016.

Balmain East has 1,121 properties. Over the last 5 years, Houses in Balmain East have seen a 18.45% increase in median value, while Units have seen a 44.23% increase. As at 30 November 2024:

  • The median value for Houses in Balmain East is $3,207,725 while the median value for Units is $1,748,959.
  • Houses have a median rent of $990 while Units have a median rent of $675.
There are currently 1 property listed for sale, and 3 properties listed for rent in Balmain east on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Balmain east.

Suburb Insights for Balmain East 2041

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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.