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
25 Nelson St, Balaclava - House (Res) Private Sale 12/04/2024 McGrath

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.66m

Metro Melbourne

$929k

Quarterly Price Change

15.7%

Metro Melbourne

2%

Median Rent

$775

Metro Melbourne

$550

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 66.7% 75.3%
Days on Market 41 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $1,572,500 $810,000
4 Bedrooms n/a $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $705 $550
3 Bedrooms n/a $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$570k

Metro Melbourne

$635k

Quarterly Price Change

-1.7%

Metro Melbourne

0.3%

Median Rent

$500

Metro Melbourne

$520

Rental Yield

4.4%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 66.7% 75.3%
Days on Market 41 40
Median price by Bedrooms Suburb Metro
1 Bedroom $367,500 $370,000
2 Bedrooms $615,000 $600,000
3 Bedrooms n/a $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $400 $450
2 Bedrooms $550 $540
3 Bedrooms n/a $620

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