Updated November 2026: we added a “Balmain today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from the time of the original post.
Address
4 Tobruk Avenue, Balmain, NSW 2041
Investment Strategy
Renovator
Development Timeline
Property Purchased
Property Sold
Rental Insights
Stash shows rental figures for every property's suburb, including Long Term Rental Statistics (vacancy rate, homes rented in the last 12 months, median rent and potential yield) and the Long Term Yield Analyser, which compares yields by bedroom count and property type. November 2026: the screenshots below were taken in 2024. Some of the statistics shown in them, such as short-term (Airbnb) and rooming rental figures, are no longer part of the standard Stash property page.
Source: stashproperty.com.au
Development Stats
2024
391
720
About the Property
4 TOBRUK AVENUE, BALMAIN
Defined by an inviting character facade and rear views to the city skyline from the top floor, ‘Cill Dara’ is a spacious attached residence set over three levels featuring a designer layout with bright airy interiors and a captivating backdrop. The home presents as an idyllic urban retreat and includes two living areas, three bedrooms, an open plan kitchen and modern bathrooms, while a rear deck and paved courtyard provide perfect spaces for entertaining. Located just a short walk to Punch Park, Darling Street cafes and Balmain Public School, the home is impeccably presented and ready to enjoy now.
– Main living area flows to undercover deck with leafy aspect
– Casual lounge and open plan gas kitchen/dining downstairs
– Three good sized bedrooms including one on entry level
– Top floor master has built-ins, ensuite and city skyline views
– Full main bath and a separate fully equipped internal laundry
– Wood panelled walls, raked ceilings and air-con on top floor
– Natural light, stained glass windows and polished floorboards
Key features
Last updated in March 2024
Bathrooms: 2
Bedrooms: 4
Land size: 89m²
Type: House
Additional features
Detected via satellite or aerial imagery September 2022 with 80% confidence
Building coverage: 64%
Building size: 57m²
Ground elevation: 21m
Roof height: 6m
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
Balmain, NSW 2041, boasts a population of around 10,454 residents, offering a vibrant atmosphere with a diverse mix of young professionals, families, and retirees. This demographic blend is reflected in over 5,166 dwellings, with a 35% owner occupancy rate.
Housing in Balmain leans towards the premium end of the market. The median house price sits around $2.59 million, with a stable annual growth rate of 0.7%. This stability is attractive to investors, further bolstered by the exceptionally low vacancy rate of just 0.9%. With properties selling quickly, as indicated by the strong market absorption rate of 45%, Balmain presents a potentially lucrative investment opportunity.
Beyond its investment potential, Balmain offers a high quality of life. The suburb boasts excellent schools, reflected in its impressive ICSEA score of 96.5. This score indicates a high socio-economic advantage for students in Balmain’s public schools, including Balmain Public School, Birchgrove Public School, and Rozelle Public School. Additionally, St. Andrew’s Cathedral School provides a prestigious private option.
Stepping outside the classroom, Balmain offers a vibrant community spirit. Residents, known as “Balmainites,” are renowned for their friendly and welcoming nature. This sense of community is further enhanced by the suburb’s rich history, evident in the charming Victorian terraces and workers’ cottages lining the streets.
For leisure pursuits, Balmain’s residents are spoilt for choice. Darling Street, a bustling hub, entices with its trendy boutiques, art galleries, cafes, wine bars, and a diverse range of restaurants. Beyond the shops and restaurants, Balmain boasts ample green spaces for relaxation and outdoor activities. Parks like Gladstone Park, Birrung Park, White Bay Park, and the historic Punch Park provide stunning views and opportunities to connect with nature.
In a nutshell, Balmain offers a unique blend of trendy inner-city living, a strong sense of community, excellent amenities, and stable investment potential. Whether you’re seeking a vibrant lifestyle or a lucrative investment, Balmain is a suburb worth considering.
Suburb Median
Vacancy Rate
Sales Volume
Balmain today (November 2026)
Here is where the Balmain house market sits now. The figures cover house sales and rentals over the 12 months from November 2025.
- Median house price: $2,721,500 (Stash data, November 2026)
- 12-month change in the median house price: +0.4% (Stash data, November 2026)
- Median house rent: $1,277 a week, a median gross rental yield of 2.6% (Stash data, November 2026)
- Vacancy rate: 0.7%, with a median of 24 days on market for houses (Stash data, November 2026)
What happened to the property? Stash's sales history for 4 Tobruk Avenue still shows the $2,285,000 sale in March 2024 as the latest sale, so it hasn't sold again since.
Then vs now: The renovated house sold for $2,285,000 in March 2024, after a $1,565,000 purchase in February 2023. Today the median house price in Balmain is $2,721,500, and it has barely moved over the past year.
See the latest numbers on the Balmain suburb page. To look for renovator deals like this one yourself, use Comparable Properties with Display Flips, Knockdown Rebuilds & Renovators Only ticked.
