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House for Sale in Balmain | Ray White Balmain

By Brian Chesson

Residential Properties — House for Sale in Balmain

Are you looking for your ideal home? Whether you are looking for a New York-style living, contemporary luxury, family sanctuary location or Victorian cottage with lush gardens, you can find it in Balmain. 

Despite the drastic changes created by the pandemic, Balmain’s real estate business continues to offer property solutions through buying, selling, renting and property management services. With its proximity to Sydney, Balmain offers the finest real estate listings – house for sale, property for sale and investment property for sale. 

Furthermore, with Balmain’s stable economy and strong cultural heritage, it is a highly desirable area that offers a diversity of residential properties. Choose from single houses and apartments to cottages and modern-style terraces.

Why Buy A House in Balmain?

With spectacular views of the harbor and CBD, impressive culture, easy access to transportation, as well as abundance in shops, cafes and restaurants, Balmain is considered to be ultra-liveable. Because it also provides great amenities and all daily necessities are just short walks away, the area is well suited not only for professionals, singles and couples but also to retirees. 

Balmain is quite popular and in demand because it offers both the cosmopolitan life and the laid-back village vibe. The area is thriving with businesses and cultural activities, at the same time, home to many parks and reserves which are open to the public.

Meanwhile, if you are looking to buy houses to raise your family, Balmain provides family-friendly recreational areas and competitive schools for kids.

FAQs

How Much Deposit Do I Need to Buy a House?

If you are a home seeker looking for residential property for sale in the Sydney region, you need to cover a 20 percent deposit. Now depending on the property, you are considering, the average amount sits around $430,000. But if you do a thorough search on property listings, there are tons of cheap properties for sale too. 

Can I Use My Super to Buy a House?

Yes. If you are a first-home buyer, you can get funds from your Federal Government’s First Home Super Saver Scheme (FHSSS). However, it does help to know that the scheme only allows funds from your voluntary super contribution and not the employer’s super compulsory contribution.

What to Look For When Buying a House

If you are planning to buy a house, you have to consider the following criteria:

  • Location
  • Size of the property
  • Number of bedrooms and bathrooms
  • Condition of the property, structure, and appliances
  • Price
  • Age of the house

How Long Does It Take to Buy a House?

While setting a timeline for buying a home depends on many factors, such as budget, real estate experts estimate that it would take at least 4 months to complete the process. It’s also important to note that getting a home loan approved can take an average of 2 to 3 weeks.

Is Now A Good Time To Buy A House?

Given the economic changes since the outbreak of COVID-19, only 35% of Australians think that now is the time to buy a property. And while some people take the wait-and-see approach, buying a property is not like trading stocks. Regardless of the market condition, buying a property is a longer-term investment. 

If you want to invest in properties, consider Balmain’s real estate for sale listings.

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