1/51 Nicholson Street, Balmain East NSW 2041
Balmain East Unit
Technical details
How this sale compares
Sold for $1,060,000 in Nov 2024, up $230,000 (28%) on the $830,000 paid in Feb 2016. That is about 2.8% a year over 8.8 years.
Over the same period the median unit price in Balmain East rose 71%, from $1,084,500 in 2016 to $1,850,000 in 2024.
The 2024 sale was 43% below the Balmain East median unit price for that year ($1,850,000 across 17 sales).
Since then the median unit price in Balmain East has fallen 12%, from $1,850,000 in 2024 to $1,630,000 over the last 12 months (16 sales).
Balmain East medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Balmain East sold prices by year.
Rent and yield
Units in postcode 2041 rented for a median $750 a week, from 409 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $1,060,000 on 29 Nov 2024, that rent is a gross yield of 3.7% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Balmain East.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 29 Nov 2024 | 29 Jan 2025 | $1,060,000 | - | - | - | 1/SP13420 |
| 18 Feb 2016 | 31 Mar 2016 | $830,000 | - | - | - | 1/SP13420 |
$1,060,000 Sold 29 Nov 2024
Settled29 Jan 2025
Beds-
Baths-
Cars-
Title reference: 1/SP13420
$830,000 Sold 18 Feb 2016
Settled31 Mar 2016
Beds-
Baths-
Cars-
Title reference: 1/SP13420
Other sales at 51 Nicholson Street
The most recent sales of other units in this building. See every sale in the building.
Recent sales on Nicholson Street
Sold in the last two years.
- 6/19 Nicholson St, Balmain East 2041 $1,920,000 sold 21 Mar 2026
- 5/19 Nicholson St, Balmain East 2041 $1,950,000 sold 10 Feb 2026
- 7/16 Nicholson St, Balmain East 2041 $900,000 sold 17 Dec 2025
- 10/16 Nicholson St, Balmain East 2041 $1,120,000 sold 7 Oct 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 2 A School St, Balmain East 2041 $4,350,000 sold 28 Jul 2026, 157 m²
- 14 The Avenue, Balmain East 2041 $2,360,000 sold 10 Jul 2026, 95 m²
- 16/16 Hosking St, Balmain East 2041 $1,475,000 sold 10 Jul 2026
- 3/17 Johnston St, Balmain East 2041 $1,730,000 sold 16 Jun 2026
- 18 The Avenue, Balmain East 2041 $2,712,500 sold 4 Jun 2026, 108 m²
- 7/2 Jubilee Pl, Balmain 2041 $3,200,000 sold 26 May 2026
- 3/125 Darling St, Balmain East 2041 $1,660,000 sold 7 May 2026
- 12 A Datchett St, Balmain East 2041 $2,750,000 sold 5 May 2026, 233 m²