What is the true cost of buying an apartment in Balmain East?

The median apartment in Balmain East is $1,450,000. Including stamp duty ($62,160), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $100,484, or $8,374/month.

What does it really cost to buy a house in Balmain East?

The median house in Balmain East is $2,850,000. True first-year cost including stamp duty ($139,160), rates, insurance, maintenance, and mortgage repayments is approximately $192,282.

What is the vacancy rate in Balmain East?

Balmain East currently has a vacancy rate of 1.2%. Properties average 35 days on market.

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True Cost of Buying in Balmain East

2041 NSW · 6km to CBD

Rising

Market Intelligence

Balmain East is a prestigious waterfront suburb on Sydney's inner west, renowned for its stunning harbour views and heritage character. With a population of approximately 1,400 residents, this small peninsula suburb commands some of Sydney's highest property prices due to its scarcity, location, and historic charm. The area is dominated by beautifully preserved Victorian terrace houses and select contemporary apartments, many with coveted water frontages. Residents enjoy an exceptional lifestyle with direct harbour access through Dawn Fraser Baths, proximity to Darling Street's vibrant dining and shopping precinct, and ferry connections to Circular Quay. The suburb attracts affluent professionals and empty nesters who value the village atmosphere, cultural heritage, and unparalleled harbour lifestyle. Limited housing stock and strict heritage protections ensure ongoing exclusivity and strong capital growth potential.

Prime harbour frontage with exceptional water viewsHeritage-protected Victorian architecture and streetscapesDirect ferry access to Sydney CBD via Balmain East WharfExclusive location with limited housing supplyStrong community character and village atmosphere

Market Snapshot

Median House

$2.9M

+8.5% 1yr

Median Apartment

$1.4M

+7.2% 1yr

Median Townhouse

—

Vacancy Rate

1.2%

35 avg DOM

Yield (Apartment)

3.5%

Yield (House)

2.8%

Auction Clearance

78%

Population

1,400

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$8,374/mo

Purchase Price

$1,450,000

Stamp Duty

$62,160

1st Year Total

$100,484

House

$16,024/mo

Purchase Price

$2,850,000

Stamp Duty

$139,160

1st Year Total

$192,282

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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