CaboSanLucas, I used to work in Balmain, the company I work for has 5 offices there, on Darling and Montague.
20-30 years ago Balmain was as a slum, it is what Mount Druitt is now. Geez, now people think their properties are increasing 10% a year based on "valuations" even though the statistics paint a completely different picture.
"i suggest you research your own market before commenting on others"