$625 ▲ +28.9%
Higher than 99% of suburb / locality areas.
- 2011: $485
- 2016: $600
- 2021: $625
Median weekly rent paid by households renting their home.
Balmain · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Far higher housing costs than the state or national average define Balmain, where typical rents and mortgages are significantly more expensive. This is a high-cost area where almost 42% of households rent, which is far above the national figure. Homes here are generally smaller and more crowded than in other parts of Australia.
All suburb / locality areas, 2021. The marker is Balmain — higher than 99% of areas.
| Balmain | $625 |
|---|---|
| 2041, NSW | $640 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $625, which is far above the national figure of $375. Home-loan payments are also among the highest at this level, with the typical monthly payment of $3,986 sitting far above the New South Wales figure of $2,167.
$625 ▲ +28.9%
Higher than 99% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$3,986 ▲ +31.4%
Higher than 99% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Balmain splits fairly evenly between $750 or more (30%) and $550–$749 (29%), with $350–$549 at 19%.
In Balmain, $3,000 or more is the majority at 67%; $1,800–$2,999 is next at 16%.
How homes are owned or rented.
Renters make up 41.4% of households, a figure well above the state average. Meanwhile, the proportion of homes owned outright is 28.5%, which is much lower than in most other areas.
41.4% ▼ -5.0%
Higher than 88% of suburb / locality areas.
Share of occupied private dwellings that are rented.
28.5% ▲ +17.4%
Lower than 80% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Balmain, the largest group is Rented at 41%, followed by Owned outright (29%) and Owned with a mortgage (28%).
Houses, townhouses, apartments and bedrooms.
Separate houses are rare here at 21.8%, far below the national figure of 72.3%. Most people live in townhouses or apartments, and because 46.6% of homes have three or more bedrooms—far below the state average—bedrooms are more crowded than usual.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
21.8% ▼ -24.8%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
46.6% ▲ +9.9%
Lower than 93% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
Balmain splits fairly evenly between Townhouse / semi-detached (40%) and Flat or apartment (38%), with Separate house at 22%.
In Balmain, the largest group is 2 bedrooms at 37%, followed by 3 bedrooms (30%) and 1 bedroom (14%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Balmain [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL10165/balmain/topic/housing-dwellings