56 Palmer Street, Balmain, NSW 2041 | Property Value & History | OnTheHouse
OFF MARKET

56 Palmer Street
Balmain NSW 2041

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 104m2
Land area: 244m2
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Property Details for 56 Palmer St, Balmain

56 Palmer St, Balmain is a 3 bedroom, 2 bathroom House. The property has a land size of 244m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Floor Size
104m2
Land Size
244m2
Local Government
Inner West
Lot/Plan
5/DP44

Last Listing description (August 2023)

Warmth and whimsy bring a welcoming feel to this double-fronted weatherboards cottage on an idyllic private dual access block. Steeped in history and set behind an enchanting sandstone-walled garden, the two-storey home was built in the 1870s as one of Balmain's earliest homes and has been lovingly held and maintained for almost half a century. Capturing sweeping district views and magical sunsets from the upper level, the three-bedroom home's eclectic charm, 240sqm approx block and rear lane access present the ideal foundations for a new style chapter. In a prized peninsula setting with Gladstone Park around the corner, this character-filled home offers an uplifting sense of tranquility while being reassuringly close to the action just 300m to Woolworths and Balmain village.

- 9m frontage, private elevated setting and established gardens
- 3 double bedrooms, 2 on the upper level with built-in robes

- Main bed with an ensuite, tranquil elevated district views
- Lounge with a fireplace, ornate ceilings, original timber floors
- Sunny Provincial style kitchen, Smeg gas cooker, Belfast sink
- Stone-topped breakfast bar, exposed sandstone feature wall
- Casual living and dining open to a gorgeous walled courtyard
- Garden studio ideal as a study or hobby room plus a workshop
- Bright contemporary bathrooms, reverse air, rear lane access
- Heritage-listed sandstone walls as a gracious nod to the past
- Vintage charm and loads of character with scope to extend STCA

Property History for 56 Palmer St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$2,010,000
10 Mar 2023
  • 11 Jul 2023
    Listed for Sale Not Disclosed
  • 10 Mar 2023
    Sold for $2,010,000
  • 22 Feb 2023
    Listed for Sale Contact Agent
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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 6,029 properties. Over the last 5 years, Houses in Balmain have seen a 48.24% increase in median value, while Units have seen a 35.69% increase. As at 31 December 2025:

  • The median value for Houses in Balmain is $3,114,978 while the median value for Units is $1,504,654.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 10 properties listed for sale, and 11 properties listed for rent in Balmain on OnTheHouse. According to Cotality's data, 228 properties were sold in the past 12 months in Balmain.

Suburb Insights for Balmain 2041

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Cotality Copyright and Legal Disclaimers about Property Data
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.