Stickybeak

Suburb comparison

Balmain vs Leichhardt — which Sydney suburb suits you?

The key differences: Balmain commands a $470K premium on median property price over Leichhardt; Leichhardt has more schools within the postcode. The table below covers all available metrics.

Last refreshed April 2026 (most cards). Per-card sources show exact dates.

Inner West

Balmain

2041

Inner West

Leichhardt

2040

MetricBalmainLeichhardt
Median house price$2.42M$1.95M
Median unit price$1.45M$992K
Median weekly rent$850/wk$808/wk
Annual price growth-3.7%+2.6%
SEIFA advantage decile10/1010/10
Flood zone coverage
Bushfire zone coverage0.0%0.0%
Schools in postcode34

Choose Balmain if...

  • Balmain leads on 3 of the 5 head-to-head metrics

Choose Leichhardt if...

  • You want a lower entry price for a house
  • You are renting first and want lower weekly outgoings
  • School options within walking distance matter

Common questions

Is Balmain or Leichhardt more expensive?
Balmain has the higher median house price ($2.42M) compared with $1.95M in Leichhardt.
Which is better for renters — Balmain or Leichhardt?
Median weekly rent is $850/wk in Balmain and $808/wk in Leichhardt, making Leichhardt the more affordable rental market.
Is Balmain or Leichhardt at higher flood risk?
Flood mapping coverage varies by postcode — see the flood risk pages for both suburbs for authoritative NSW data.
How many schools are in Balmain vs Leichhardt?
Balmain has 3 schools in the postcode, and Leichhardt has 4. Note that school catchments can extend across postcode boundaries.

Full suburb profiles

Balmain 2041Leichhardt 2040