Market snapshot

Suburb insights for Balaclava3183

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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.

Recent sales and auction results in Balaclava

AddressBedroomsPriceTypeMethodSale DateAgentListing
5/107 Hotham St, Balaclava3PriceUnitPassed in Vendor Bid21/07/2024Gary Peer & AssociatesView
23 Albion St, BalaclavaPriceHouse (Res)Private Sale16/07/2024McGrathView
1/42 The Avenue , BalaclavaPriceApartmentPrivate Sale16/07/2024McGrathView
3/36 Brighton Rd, Balaclava2PriceUnitPrivate Sale29/06/2024BuxtonView

Sales data

Median sale price
$1.4mil
Quarterly price change
-16.6%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsBalaclavaMetro comparison
2$1,280,000$902,500
3$1,600,000$810,000
4-$955,000
InsightBalaclavaMetro comparison
Clearance rate60.9%73.8%
Days on market4142

Rental data

Median weekly rent
$775
Rental yield
2.9%
Metro Melbourne Comparison
$560
3.2%
BedroomsBalaclavaMetro comparison
2$673$550
3$920$540
4-$580
Median data for the current quarter
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