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Balmain, like most of Sydney's inner suburbs, has changed from a working class area to trendy high priced real estate. Waterfront houses are now multi million dollar properties beyond the reach of most people. Fortunately, there are public parks as shown in this photo where access to the harbour can be enjoyed by everyone.
I wouldn't buy this however, because the mansion hasn't even a car port for boats, ☺ ☺ ☺ .