24 Nicholson Street, Balmain East, NSW 2041 | Property Value & History | OnTheHouse
OFF MARKET

24 Nicholson Street
Balmain East NSW 2041

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 189m2
Land area: 329m2
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Property Details for 24 Nicholson St, Balmain East

24 Nicholson St, Balmain East is a 4 bedroom, 2 bathroom House and was built in 1905. The property has a land size of 329m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1905
Floor Size
189m2
Land Size
329m2
Local Government
Inner West
Lot/Plan
1/DP203819

Last Listing description (July 2026)

INSPECTIONS BY APPOINTMENT ONLY

Ideally positioned at the end of a tightly held row, this classic Queen Anne terrace enjoys a prized freestanding northern aspect, bathing the interiors in natural light throughout the day. Set on an exceptional 329sqm level block a landholding rarely seen in this tightly constrained harbourside enclave this is a genuine blue-chip opportunity in one of Balmain East's most exclusive pockets.
For buyers who understand value, the real story here is the land. A level yard of this scale in Balmain East is extraordinarily rare. It delivers immediate lifestyle flexibility while underpinning strong long-term capital preservation in a location where large parcels are seldom offered and even more seldom relinquished.

The Residence
Accommodation: Three generous bedrooms with optional fourth, including a master retreat with expansive sunroom/study ideal for the hybrid executive or growing family.
Layout: Defined formal and informal living zones, offering the separation and scale rarely found in traditional terrace homes.
Land Content: An exceptionally large, level rear garden a true standout feature. There is genuine space for children to play, substantial entertaining, future landscaping enhancement or value-adding potential (STCA).
Condition: Immaculately presented and maintained, providing a seamless turnkey solution for the sophisticated purchaser.
The Location
Transport: Approx. 350m to Balmain East Ferry Wharf for immediate harbour access. Bus services via Darling Street connect directly to the CBD.
Commute: Around 5 minutes by ferry to Barangaroo or 15 minutes to Circular Quay.
Lifestyle: Moments to Darling Street's caf culture, boutique retail and village atmosphere.
Schools: Within the catchments for Nicholson Street Public School and Balmain Public School, with easy ferry access to leading city private schools.
Recreation: Approximately 400m to Iloura Reserve for harbour foreshore walks, open green space and family picnics.
The Strategic Opportunity
Opportunities offering this combination of substantial level land, northern orientation and heritage architecture in Balmain East are statistically scarce. The size of the yard alone places this property in a tightly held category of its own.
With land of this calibre increasingly unobtainable in the peninsula market, this is not simply a beautiful home it is a high-growth asset with irreplaceable fundamentals.
For the astute buyer, this is a compelling value proposition and a rare chance to secure scale, light and land in a location where they are seldom found.

Disclaimer: Forsyth Real Estate believes that this information is correct but it does not warrant or guarantee its accuracy. Certain information has been obtained from external sources. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Figures may be subject to change without notice.

Property History for 24 Nicholson St, Balmain East, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$2,542,000
17 Feb 2018
  • 28 Jan 2026
    Listed for Sale Not Disclosed
  • 17 Feb 2018
    Sold for $2,542,000
  • 22 Jan 2018
    Listed for Sale By Negotiation
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About Balmain East 2041

The size of Balmain East is approximately 0.3 square kilometres. There are 10 parks, covering nearly 10.5% of the total area. The population of Balmain East in 2016 was 1932 people. By 2021 the population was 1900 showing a population decline of 1.7% in the area during that time. The predominant age group in Balmain East is 50-59 years. Households in Balmain East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain East work in a professional occupation.In 2021, 58.20% of the homes in Balmain East were owner-occupied compared with 57.40% in 2016.

Balmain East has 1,122 properties. Over the last 5 years, Houses in Balmain East have seen a -0.66% decrease in median value, while Units have seen a 19.36% increase. As at 31 July 2026:

  • The median value for Houses in Balmain East is $3,495,990 while the median value for Units is $1,700,246.
  • Houses have a median rent of $1,400 while Units have a median rent of $780.
There are currently 1 property listed for sale, and 1 property listed for rent in Balmain east on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Balmain east.

Suburb Insights for Balmain East 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.