Profile for Balaclava

3183

Located 7 km south-east of the CBD Balaclava is a small mixed-use suburb primarily of residential and commercial use. The Sandringham Railway line traverses the suburb while trams enter the major commercial centres of neighbouring Prahran and St Kilda. The neighbourhood is well served by the Balaclava shopping area in Carlisle Street and Balaclava station on the Sandringham rail line Balaclava is well served by public transport.

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Recent Sales & Auction Results in Balaclava

Address Price Type Method Sale Date Agent
Property List
6/49 Gourlay St, Balaclava - Apartment Private Sale 21/02/2024 McGrath
10 Grosvenor St, Balaclava 3 House (Res) Passed in Vendor Bid 24/02/2024 Jellis Craig

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$1.43m

Metro Melbourne

$909k

Annual Price Change

-9.9%

Metro Melbourne

-10.6%

Median Rent

$775

Metro Melbourne

$550

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 72.5%
Days on Market 42 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $1,575,000 $815,000
4 Bedrooms n/a $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $683 $540
3 Bedrooms $870 $500
4 Bedrooms n/a $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$575k

Metro Melbourne

$633k

Quarterly Price Change

-3.8%

Metro Melbourne

-0.1%

Median Rent

$480

Metro Melbourne

$500

Rental Yield

4.2%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 72.5%
Days on Market 42 40
Median price by Bedrooms Suburb Metro
1 Bedroom $390,000 $370,000
2 Bedrooms $615,000 $600,000
3 Bedrooms n/a $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $370 $420
2 Bedrooms $523 $520
3 Bedrooms n/a $600

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