Balmain shows mixed investment signals that warrant careful consideration. With a vacancy rate of just 0.9%, rental properties in Balmain are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply.
Price growth of 3.3% over the past 12 months is below the national average, suggesting limited capital growth momentum. Rental yields of 3.8% are below the national average, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model scores Balmain at 45/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.
Balmain shows stronger capital growth indicators than cashflow metrics. The 3.3% price growth and 0.9% vacancy rate suggest Balmain is better suited to investors with a longer hold horizon seeking capital appreciation.
Based on PropTime's analysis of 15 demand and supply indicators, Balmain scores 45/100 — a Avoid signal. Key indicators include a 0.9% vacancy rate, 3.8% rental yield, and 3.3% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Balmain data.
The current vacancy rate in Balmain is 0.9%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Balmain is 3.8%. The Australian national average is approximately 4.5%, so Balmain is below the national average, which means careful attention to purchase price and loan structure is needed to achieve positive cashflow. Use PropTime's free cashflow calculator to model the full weekly cashflow for Balmain.
PropTime's composite model scores Balmain at 45/100 as of May 2026. Price growth of 3.3% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Balmain.
Balmain scores 45/100 on PropTime. Similar suburbs by score include Shellharbour, Mascot, Ryde, all within the same NSW market.