Back to Suburb Insights
Balmain East Suburb Insights
VICLocation Information
Suburb Name
Balmain East, VIC
Distance from CBD
10.4 kmDemographics
Population
1,932
Median Income
$68,380
Area Information
Area
0.34 km²
Population Density
5682 people/km²
Property Market
Median Price
$914,604
Annual Growth
+14.7%Property Price Trend Analysis
Current Median Price
$914,604
Annual Growth
+14.7%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$409,437
+4.9%2024-02
$644,357
+8.4%2024-03
$382,042
+9.8%2024-04
$1,070,003
+8.4%2024-05
$912,237
+8%2024-06
$414,298
+17.2%Property Type Price Analysis
House
Median Price
$955,234
Growth Rate
+11.2%Available Listings
299 properties
Apartment
Median Price
$612,836
Growth Rate
+16.1%Available Listings
471 properties
Townhouse
Median Price
$660,534
Growth Rate
+11.6%Available Listings
291 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy