7/85 Palmer Street, Balmain, NSW 2041 | Property Value & History | OnTheHouse
OFF MARKET

7/85 Palmer Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 157m2
Land area: 20637m2
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Property Details for 7/85 Palmer St, Balmain

7/85 Palmer St, Balmain is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 20637m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2000
Floor Size
157m2
Land Size
20637m2
Local Government
Inner West
Lot/Plan
81/SP61963

Last Listing description (June 2022)

Enter via Rosebery Place
Boasting a top floor east-facing corner position in the resort-style Somerset Mews building, this apartment is a divine urban sanctuary. It boasts generous proportions, light-filled interiors and quality finishes and inclusions throughout. Set to harbour and city skyline backdrop that dazzles both day and night, it's as practical as it is pristine with gourmet open plan in/outdoor entertaining and nice separation between the living spaces and bedrooms. Stay in and enjoy the indoor pool, gym, spa and sauna or step out and stroll to cosmopolitan attractions.

- Vast living/dining room with timber floors flow to balcony

- Sparkling Anzac Bridge, Sydney Tower, Barangaroo views
- Gas kitchen, stone island breakfast bar, Miele dishwasher
- Generous bedrooms with built-in robe, main with ensuite
- Fully tiled bathrooms, ensuite with bathtub and natural light
- Internal laundry, ducted air conditioning, secure parking

Property History for 7/85 Palmer St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$1,420,000
26 Apr 2022
Listed for Rent
$780/w
13 Jul 2020
  • 17 Oct 2025
    Sold
  • 26 Apr 2022
    Sold for $1,420,000
  • 06 Apr 2022
    Listed for Sale Price Guide $1,300,000
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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 6,030 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 12 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.