History
Balmain is situated on the traditional lands of the Wangal people. Following European colonisation, Balmain developed into a bustling industrial area, home to dockworkers and their families. Many cottages and terraces from that era still exist today, adding to Balmain’s heritage character.
Known For
Balmain is known for its stunning heritage architecture, including Victorian terraces and quaint worker’s cottages. It’s a popular area for buyers looking for character-filled homes, particularly those who appreciate heritage properties. Balmain is also famous for having the most pubs per capita in Australia, with its vibrant pub scene reflecting the suburb's working-class roots. In addition, Darling Street, the main strip, is lined with boutique shops, cafes, and restaurants. Young families and downsizers charm often find Balmain appealing, although property prices can be higher compared to other suburbs.
Stats
In Balmain, around 35.6% of homes are separate houses, while 64.4% are apartments, terraces, or townhouses. Approximately 29.8% of homes are owned outright, 33.7% with a mortgage, and 36.5% rented. The median age of residents is 39, and 60.5% of households are family homes.
What Locals Love
Locals love the heritage feel of the area, the vibrant shopping and dining scene on Darling Street, and the easy access to the city. Balmain’s numerous historic pubs are a unique drawcard, along with its waterfront parks and friendly community atmosphere.