Rental Insights
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Source: stashproperty.com.au
Development Stats
2024
391
720
About the Property
4 TOBRUK AVENUE, BALMAIN
Defined by an inviting character facade and rear views to the city skyline from the top floor, ‘Cill Dara’ is a spacious attached residence set over three levels featuring a designer layout with bright airy interiors and a captivating backdrop. The home presents as an idyllic urban retreat and includes two living areas, three bedrooms, an open plan kitchen and modern bathrooms, while a rear deck and paved courtyard provide perfect spaces for entertaining. Located just a short walk to Punch Park, Darling Street cafes and Balmain Public School, the home is impeccably presented and ready to enjoy now.
– Main living area flows to undercover deck with leafy aspect
– Casual lounge and open plan gas kitchen/dining downstairs
– Three good sized bedrooms including one on entry level
– Top floor master has built-ins, ensuite and city skyline views
– Full main bath and a separate fully equipped internal laundry
– Wood panelled walls, raked ceilings and air-con on top floor
– Natural light, stained glass windows and polished floorboards
Key features
Last updated in March 2024
Bathrooms: 2
Bedrooms: 4
Land size: 89m²
Type: House
Additional features
Detected via satellite or aerial imagery September 2022 with 80% confidence
Building coverage: 64%
Building size: 57m²
Ground elevation: 21m
Roof height: 6m
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
Balmain, NSW 2041, boasts a population of around 10,454 residents, offering a vibrant atmosphere with a diverse mix of young professionals, families, and retirees. This demographic blend is reflected in over 5,166 dwellings, with a 35% owner occupancy rate.
Housing in Balmain leans towards the premium end of the market. The median house price sits around $2.59 million, with a stable annual growth rate of 0.7%. This stability is attractive to investors, further bolstered by the exceptionally low vacancy rate of just 0.9%. With properties selling quickly, as indicated by the strong market absorption rate of 45%, Balmain presents a potentially lucrative investment opportunity.
Beyond its investment potential, Balmain offers a high quality of life. The suburb boasts excellent schools, reflected in its impressive ICSEA score of 96.5. This score indicates a high socio-economic advantage for students in Balmain’s public schools, including Balmain Public School, Birchgrove Public School, and Rozelle Public School. Additionally, St. Andrew’s Cathedral School provides a prestigious private option.
Stepping outside the classroom, Balmain offers a vibrant community spirit. Residents, known as “Balmainites,” are renowned for their friendly and welcoming nature. This sense of community is further enhanced by the suburb’s rich history, evident in the charming Victorian terraces and workers’ cottages lining the streets.
For leisure pursuits, Balmain’s residents are spoilt for choice. Darling Street, a bustling hub, entices with its trendy boutiques, art galleries, cafes, wine bars, and a diverse range of restaurants. Beyond the shops and restaurants, Balmain boasts ample green spaces for relaxation and outdoor activities. Parks like Gladstone Park, Birrung Park, White Bay Park, and the historic Punch Park provide stunning views and opportunities to connect with nature.
In a nutshell, Balmain offers a unique blend of trendy inner-city living, a strong sense of community, excellent amenities, and stable investment potential. Whether you’re seeking a vibrant lifestyle or a lucrative investment, Balmain is a suburb worth considering.
Suburb Median
Vacancy Rate
