Market snapshot

Suburb insights for Balaclava3183

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Balaclava, nestled between St Kilda and Elwood, is a vibrant inner-city suburb reknown for its multicultural character and dynamic lifestyle. Carlisle Street offers an eclectic mix of cafés, bars, markets, and shops, serving a diverse community of families, students, and young professionals. With strong transport links and proximity to the beach, it combines convenience with an urban, bohemian atmosphere.

Recent sales and auction results in Balaclava

AddressBedroomsPriceTypeMethodSale DateAgentListing
16 Camden St, Balaclava2PriceHouseAuction Sale28/11/2025Buxton (Port Phillip) Pty Ltd
1-8/107 Westbury St, Balaclava12PriceUnitAuction Sale26/11/2025Gary Peer & AssociatesView
143 Westbury Cl, Balaclava3PriceHouseAuction Sale25/11/2025Gary Peer & AssociatesView
15 Chusan St, Balaclava2PriceApartmentPrivate Sale18/11/2025RT Edgar Glen EiraView
6/5A The Avenue , Balaclava2PriceApartmentPrivate Sale14/11/2025Kay & BurtonView
10/43-45 The Avenue , Balaclava2PriceApartmentSold Before Auction4/11/2025OBrien Real Estate

Sales data

Median sale price
$1.6mil
Quarterly price change
18.2%
Metro Melbourne Comparison
$955k
2.7%
BedroomsBalaclavaMetro comparison
2$1,057,500$910,000
3$1,520,000$830,000
4-$951,500
InsightBalaclavaMetro comparison
Clearance rate100%81.4%
Days on market32.536

Rental data

Median weekly rent
$840
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsBalaclavaMetro comparison
2$723$580
3-$550
4-$600
Median data for the current quarter

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