1 Wisbeach Street, Balmain, NSW 2041 | Property Value & History | OnTheHouse
 
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1 Wisbeach Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 20
Car spaces: 24
Land area: 90m2
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Property Details for 1 Wisbeach St, Balmain

1 Wisbeach St, Balmain is a 2 bedroom, 20 bathroom Unit with 24 parking spaces. The property has a land size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Land Size
90m2
Local Government
Inner West
Lot/Plan
A/DP159256

Last Listing description (September 2024)

This is an extremely rare blue chip investment opportunity to acquire a block of 24 apartments in one of Sydney's most beautiful harbourside suburbs. The building is set on 1,062sqm of square land with dual street frontage, only approx. 3km to Sydney's CBD. This outstanding opportunity comprises of 6 x studios, 12 x 1 bedroom and 6 x 2 bedroom apartments all with 1 bathroom and undercover parking. The opportunities are endless with potential to Strata and sell down or continue to hold in-one-line for a strong rental yield in a premier suburb.

Entire Block of 24 Apartments
All apartments have one bathroom

Comprising of 6 x studios, 12 x 1br, 6 x 2br
Blue chip investment opportunity
Undercover parking for all apartments
Only moments to Sydney's CBD
Set on 1,062sqm of land
Currently returning $732,160pa*

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Property History for 1 Wisbeach St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$1,130,000
24 Dec 2019
Listed for Rent
$1.00k/w
11 May 2024
  • 22 Aug 2024
    Listed for Sale Auction
  • 07 May 2024
    Listed for Rent $1,000 / week
  • 24 Dec 2019
    Sold for $1,130,000
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About Balmain 2041

The size of Balmain is approximately 1.6 square kilometres. It has 15 parks covering nearly 8.8% of total area. The population of Balmain in 2016 was 10453 people. By 2021 the population was 10454 showing a population growth of 0.0% in the area during that time. The predominant age group in Balmain is 40-49 years. Households in Balmain are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain work in a professional occupation.In 2021, 56.60% of the homes in Balmain were owner-occupied compared with 55.60% in 2016.

Balmain has 6,066 properties. Over the last 5 years, Houses in Balmain have seen a 46.88% increase in median value, while Units have seen a 33.77% increase. As at 31 October 2025:

  • The median value for Houses in Balmain is $2,968,529 while the median value for Units is $1,489,827.
  • Houses have a median rent of $910 while Units have a median rent of $800.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Balmain on OnTheHouse. According to Cotality's data, 230 properties were sold in the past 12 months in Balmain.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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