11/75 Glassop Street, Balmain NSW 2041
11/75 Glassop Street, Balmain NSW 2041
Studio in Balmain village | light-filled lock-and-leave | rare sub-$1M entry | investor or first-home edge
This property offers one of the few sub-$1 million entry points into Balmain, a suburb where the average price exceeds $2.6 million. The studio’s efficient layout and secure building suit a buyer seeking a low-maintenance foothold in one of Sydney’s most desirable inner-west villages, with immediate access to cafés, ferry transport, and harbour foreshore. For an investor, the rental yield sits at 3.36%—modest but supported by consistent demand in the 2041 postcode, where new listings remain limited.
The primary risk is the studio configuration itself, which may narrow the buyer pool compared to one-bedroom apartments and could affect resale velocity. However, the property sits in a heritage zone with no flood or bushfire risk, and the 1996 purchase price of $250,000 underscores long-term capital growth in this pocket. The opportunity lies in securing a rare low-cost position in a tightly held suburb, particularly if the buyer is willing to hold through market cycles.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/75 Glassop Street, Balmain NSW 2041
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Market Insight
Balmain is a highly desirable, established inner-city suburb, characterised by its historic charm and proximity to the CBD, attracting a high-income professional demographic. This demand underpins robust and consistent long-term house price growth, though the market shows a clear divergence with houses experiencing strong momentum while units face more subdued conditions. Future growth is supported by strong fundamentals and a diverse housing mix, yet key constraints include high price points and the suburb’s significant proportion of apartment stock.
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
591m²
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