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.

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$1.65mil

Metro Melbourne

$830k

Quarterly Price Change

21.7%

Metro Melbourne

4.5%

Median Rent

$590

Metro Melbourne

$451

Rental Yield

2.5%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 30 33
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,009,000 $845,000
3 Bedrooms $1,310,000 $720,000
4 Bedrooms n/a $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $590 $500
3 Bedrooms n/a $430
4 Bedrooms n/a $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$540k

Metro Melbourne

$614k

Quarterly Price Change

-13%

Metro Melbourne

3.9%

Median Rent

$410

Metro Melbourne

$430

Rental Yield

3.9%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 30 33
Median price by Bedrooms Suburb Metro
1 Bedroom $340,000 $364,500
2 Bedrooms $622,500 $560,000
3 Bedrooms $992,000 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $330 $370
2 Bedrooms $470 $445
3 Bedrooms n/a $530

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