204/110 Elliott St · Balmain NSW 2041

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Balmain suburb ← Back to board

The Property Brief — what the evidence shows. You draw the conclusion.

CONSERVATIVE
$833k
the calibrated floor
LIKELY FAIR RANGE
$833k–$1.03M
around $933k mid
STRETCH CAP
$1.03M
$1.29M on the wider 80% band

Confidence: Low — based on 58 comparable auction sales (14 of this exact configuration) · model runs ±11% for this configuration · confidence held at Low — under 20 same-configuration sales · the model's typical miss is ~11% against published results — every hit and miss

Comparable auction sales

AddressConfigSoldWhen
1/6 Thames St1 bd · 1 ba$1.23MSept 2025
202/22 Colgate Av1 bd · 1 ba$1.13MJune 2025
12/2 Hyam St1 bd · 1 ba$935kJune 2025
7/40 Arthur St1 bd · 1 ba$730kMay 2025
9/2-6 Thames St1 bd · 1 ba$1.2MMar 2025

Suburb risk flags

crime index: 42 — around sydney average · 16 min walk to Balmain East Wharf · ~12 min ferry to the CBD · ferries ~every 15 min at peak

Where every number comes from
  • Fair value: AI PropertyEye price model 2026-08-11-v5 — trained on 146,492 published auction sales; configuration-level (suburb × type × beds), not an appraisal of this exact home
  • Comps: published Domain auction results for Balmain — suburb × configuration matches, not hyper-matched to this address
  • Risk flags: suburb-level overlays (BOCSAR crime, flood/bushfire intel, aircraft bands, GTFS transit) — NOT a per-parcel assessment

Rent evidence — asking vs transacted, Balmain · postcode 2041

$622–$776/wk is what 1-bed units in 2041 actually transact for (middle half of 38 bonds lodged, Q2 2026 · median $680/wk — NSW Fair Trading, CC BY).


2019Q1 → 2026Q2: $628 → $790/wk · +1% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2041, all bedroom counts pooled.

Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.

Growth trend — Balmain units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2024Q3 $1375k (5) · 2024Q4 $1525k (3) · 2025Q1 $1650k (6) · 2025Q2 $1030k (4)

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Published auction results at this address

Auction weekResultPriceAgency
18 July 2026Sold prior$1,155,000BresicWhitney Balmain

From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.

Agencies' own published sales nearby — Balmain, around 1 beds

AddressSoldPriceBedsAgency
311/22 Colgate Avenue3 June 2026$1,800,0002Harris Partners
8/1 Rosebery Place18 May 2026$1,322,5002Harris Partners
4 North Street24 May 2025$2,340,0002Harris Partners
71/3 Foy Street10 Apr 2025$1,105,0002Harris Partners
14 Evans Street10 Dec 2024$1,700,0002Harris Partners

Prices as published on the selling agency's own website (their sold pages) — includes private-treaty sales the auction results never see. Only sales the agency chose to publish a figure for appear here.

Want the numbers agents don't volunteer?

Check any Sydney suburb free — Market Mint market-conditions readout, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.

Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.