9/19 Glassop Street, Balmain NSW 2041
9/19 Glassop Street, Balmain NSW 2041
Two-bedroom one-bathroom apartment with one secured car space. 73 square metres internal. North-facing orientation with a wide balcony and leafy outlooks. Part of a boutique block of twelve units with shared manicured gardens and secure entry. Set within a heritage precinct.
It is competitively positioned within Balmain as a low-density offering where outdoor amenity is a genuine feature. The north-facing aspect and garden access are uncommon in this configuration within a tightly held block, reinforcing a sense of neighbourhood stability and privacy. This unit most directly serves buyers seeking an entry point into a prestige postcode without sacrificing character or connection. The heritage setting contributes to street appeal and long-term value retention, while the compact floorplan suits couples or small households focused on location over internal space.
The property’s value may be influenced by heritage controls that could limit future modification or extension. Its smaller internal area might be a consideration for those accustomed to more generous proportions. Conversely, the rental yield potential is noted as a compensating factor, and market appetite for such units in this suburb remains steady. These elements should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/19 Glassop Street, Balmain NSW 2041
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
924m²
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