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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Median data for March Quarter 2021. Click here for details.

Median Sale Price

$1.7mil

Metro Melbourne

$1mil

Quarterly Price Change

30%

Metro Melbourne

8.8%

Median Rent

$650

Metro Melbourne

$480

Rental Yield

2.4%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 76.2% 83.8%
Days on Market n/a 36
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $930,000
3 Bedrooms $1,370,000 $810,000
4 Bedrooms n/a $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $593 $500
3 Bedrooms $660 $450
4 Bedrooms n/a $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$666k

Metro Melbourne

$673k

Quarterly Price Change

-7.7%

Metro Melbourne

4.8%

Median Rent

$400

Metro Melbourne

$400

Rental Yield

3.3%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 76.2% 83.8%
Days on Market n/a 36
Median price by Bedrooms Suburb Metro
1 Bedroom $446,250 $390,000
2 Bedrooms $670,000 $600,000
3 Bedrooms n/a $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $315 $340
2 Bedrooms $455 $420
3 Bedrooms $650 $525

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