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2041 · NSW

Balmain

Data updated Q4 2025 · 198 bond lodgements/qtr

HouseUnit
Median rent$1,450/wk$660/wk
1yr change 10.7%(was $1310/wk) 10%(was $600/wk)
3yr change 34.3%(was $1080/wk) 34.7%(was $490/wk)
Vacancy rate0.8%very tight
Bond lodgements198 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 0.8%, Balmain is in a severe rental shortage. Landlords have very high negotiating power, and tenants face intense competition for available properties.

Other suburbs in NSW

Bondi$1850/wk 10.1%
Surry Hills$1400/wk 10.2%
Newtown$1100/wk 11.1%
Manly$1600/wk 10.3%
Pyrmont$1350/wk 11.6%
Chatswood$1150/wk 10.6%

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

$/wk
Median rent in Balmain (2-bed unit): $561/wkQ4 2025 · 198 bonds