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Renovated Ground-Floor Apartment in Prime Location
Property Details for 3/2 The Avenue, Balaclava
3/2 The Avenue, Balaclava is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Woodards Elsternwick.
About Balaclava 3183
The size of Balaclava is approximately 0.8 square kilometres. There are 3 parks, covering nearly 1.8% of the total area. The population of Balaclava in 2016 was 5396 people. By 2021 the population was 5392 showing a population decline of 0.1% in the area during that time. The predominant age group in Balaclava is 30-39 years. Households in Balaclava are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a professional occupation.In 2021, 49.00% of the homes in Balaclava were owner-occupied compared with 43.40% in 2016.
Balaclava has 3,663 properties. Over the last 5 years, Houses in Balaclava have seen a -8.85% decrease in median value, while Units have seen a -4.74% decrease. As at 30 September 2026:
- The median value for Houses in Balaclava is $1,489,824 while the median value for Units is $592,650.
- Houses have a median rent of $975 while Units have a median rent of $580.
Suburb Insights for Balaclava 3183
Market Insights
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