Profile for Balaclava

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Balaclava is located 7 km south of the CBD. Balaclava is a small mixed-use suburb primarily of residential and commercial use. The suburb is one of the most densely populated in Melbourne with a high proportion of one and two person households. Balaclava also has a high proportion of the population in the 25-34 year old age group. The Sandringham Railway line traverses the suburb while trams enter the major commercial centres of neighbouring Prahran and St Kilda. The suburb also features the Carlisle St shopping strip.

Recent Sales & Auction Results in Balaclava

Address Price Type Method Sale Date Agent
Property List
23 Hawsleigh Av, Balaclava 3 House (Res) Auction Sale 14/04/2019 Wilson
20&22 Linton St, Balaclava 2 House (Res) Sold Before Auction 12/04/2019 Wilson

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$1mil

Metro Melbourne

$797k

Annual Price Change

-14.7%

Metro Melbourne

1.4%

Median Rent

$575

Metro Melbourne

$450

Rental Yield

2.5%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 27 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,120,000 $870,000
3 Bedrooms $1,225,000 $733,000
4 Bedrooms n/a $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $575 $490
3 Bedrooms n/a $420
4 Bedrooms n/a $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$476k

Metro Melbourne

$589k

Quarterly Price Change

-23.6%

Metro Melbourne

-1.7%

Median Rent

$410

Metro Melbourne

$420

Rental Yield

3.6%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 27 42
Median price by Bedrooms Suburb Metro
1 Bedroom $347,500 $370,000
2 Bedrooms $595,000 $571,000
3 Bedrooms $857,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $328 $370
2 Bedrooms $470 $440
3 Bedrooms n/a $521

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