$550 ▲ +22.2%
Higher than 97% of state electorate areas.
- 2011: $450
- 2016: $550
- 2021: $550
Median weekly rent paid by households renting their home.
Balmain · State Electorate
Housing & Dwellings in Balmain
Where and how people live — the homes, how they are held, and what they cost.
Very high living costs define daily life in Balmain, where typical monthly mortgage payments hit $3,399. This is a high-pressure housing market where nearly half of all households rent, and the typical weekly rent has climbed to $550.
$550
▲ +22.2%
- $100–$118: 6 areas
- $118–$136: 1 area
- $136–$154: 0 areas
- $154–$171: 0 areas
- $171–$189: 4 areas
- $189–$207: 6 areas
- $207–$225: 10 areas
- $225–$243: 10 areas
- $243–$261: 21 areas
- $261–$279: 6 areas
- $279–$296: 16 areas
- $296–$314: 45 areas
- $314–$332: 33 areas
- $332–$350: 16 areas
- $350–$368: 38 areas
- $368–$386: 58 areas
- $386–$404: 44 areas
- $404–$421: 30 areas
- $421–$439: 21 areas
- $439–$457: 18 areas
- $457–$475: 12 areas
- $475–$493: 12 areas
- $493–$511: 6 areas
- $511–$529: 3 areas
- $529–$546: 3 areas
- $546–$564: 2 areas
- $564–$582: 4 areas
- $582–$600: 8 areas
All state electorate areas, 2021. The marker is Balmain — higher than 97% of areas.
| Balmain | $550 |
|---|---|
| Greater Sydney | $470 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Both renting and buying are far more expensive here than in the rest of Australia. Typical weekly rents are $175 above the national figure, while monthly mortgage payments are far above the national average, having risen by $399 since 2011.
$3,399 ▲ +13.3%
Higher than 99% of state electorate areas.
- 2011: $3,000
- 2016: $3,000
- 2021: $3,399
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Balmain splits fairly evenly between $550–$749 (28%) and $350–$549 (27%), with $750 or more at 24%.
Monthly mortgage distribution
View on map →In Balmain, $3,000 or more is the majority at 59%; $1,800–$2,999 is next at 21%.
Owning & renting
How homes are owned or rented.
Renting is very common in Balmain, with 47.7% of households renting, a figure far above the national rate of 30.6%. Conversely, the share of homes owned outright is much lower than most areas and well below the state average.
47.7% ▲ +9.3%
Higher than 90% of state electorate areas.
- 2011: 43.6%
- 2016: 47.3%
- 2021: 47.7%
Share of occupied private dwellings that are rented.
23.5% ▼ -3.2%
Lower than 81% of state electorate areas.
- 2011: 24.2%
- 2016: 22.4%
- 2021: 23.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Balmain, the largest group is Rented at 48%, followed by Owned with a mortgage (26%) and Owned outright (23%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Small homes are the norm here, as separate houses make up only 20.6% of dwellings, which is far below the national figure. This lack of larger homes helps explain why the share of three-plus bedroom houses is among the lowest at this level.
1.00 ▼ -16.7%
Higher than 93% of state electorate areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
20.6% ▼ -34.7%
Lower than 98% of state electorate areas.
- 2011: 31.5%
- 2016: 12.0%
- 2021: 20.6%
Share of occupied private dwellings that are separate houses.
41.4% ▼ -6.2%
Lower than 97% of state electorate areas.
- 2011: 44.2%
- 2016: 40.4%
- 2021: 41.4%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Balmain, the largest group is Flat or apartment at 43%, followed by Townhouse / semi-detached (35%) and Separate house (21%).
Bedrooms per home
View on map →In Balmain, the largest group is 2 bedrooms at 36%, followed by 3 bedrooms (29%) and 1 bedroom (19%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Balmain
Cite this page
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/sed/SED10004/balmain/topic/housing-dwellings