FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Balmain, New South Wales 6.2 out of 10 (Workhorse Investment) as of May 2026.
Balmain offers a workhorse investment opportunity, strategically located just five kilometers from the CBD within an area defined by consistently low supply and high tenant demand. This premium inner-city market demonstrates significant capital growth potential, evidenced by 12.5% appreciation over the last twelve months and sustained by a remarkably low 1.2% vacancy rate, attracting affluent professionals. The market has started re-rating this location — 12-month growth of +12.5% puts it ahead of the broader New South Wales median.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
9 of 12 signals locked — unlock the full model read for A$25
Unlock 9 signals — A$25 →FairSquare's model rates Balmain, New South Wales 6.2 out of 10 (Workhorse Investment) as of May 2026. Balmain offers a workhorse investment opportunity, strategically located just five kilometers from the CBD within an area defined by consistently low supply and high tenant demand. This premium inner-city market demonstrates significant capital growth potential, evidenced by 12.5% appreciation over the last twelve months and sustained by a remarkably low 1.2% vacancy rate, attracting affluent professionals.
The median house price in Balmain, NSW is $4.23M. Weekly rent of $1632 against a 2.0% gross yield underpins this figure.
Balmain has a gross rental yield of 2.0%, with a median weekly rent of $1632. 12-month price growth is tracking at +12.5%.
Based on its market signals, Balmain aligns with: Growth Play, Defensive Hold.