Profile for Balaclava

3183

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
15 Glen Eira Av, Balaclava 2 House (Res) Auction Sale 08/12/2018 Buxton
32 Nightingale St, Balaclava 3 House (Res) Passed in at Auction 08/12/2018 McGrath
7/84 Westbury St, Balaclava 2 Apartment Auction Sale 08/12/2018 McGrath
1/88 Grosvenor St, Balaclava 1 Apartment Sold After Auction 03/12/2018 Gary Peer & Associates

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

Median Sale Price

$1.22mil

Metro Melbourne

$835k

Annual Price Change

-21.5%

Metro Melbourne

5%

Median Rent

$590

Metro Melbourne

$450

Rental Yield

2.5%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 46.1%
Days on Market 28 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,183,000 $895,000
3 Bedrooms n/a $744,750
4 Bedrooms n/a $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $590 $480
3 Bedrooms n/a $420
4 Bedrooms n/a $475

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

Median Sale Price

$620k

Metro Melbourne

$604k

Quarterly Price Change

-3.7%

Metro Melbourne

0.2%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

3.4%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 46.1%
Days on Market 28 38
Median price by Bedrooms Suburb Metro
1 Bedroom $373,500 $375,000
2 Bedrooms $617,000 $575,000
3 Bedrooms $903,500 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $325 $365
2 Bedrooms $450 $431
3 Bedrooms n/a $520

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