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.