1/2 Nelson Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Nelson Street
Balaclava VIC 3183

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 25m2
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Last updated 15 Dec 2025
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Property Details for 1/2 Nelson St, Balaclava

1/2 Nelson St, Balaclava is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 25m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
2018
Floor Size
68m2
Land Size
25m2
Local Government
Port Phillip
Lot/Plan
1/PS820622

Last Listing description (July 2025)

This one bedroom townhouse is a stylish and contemporary addition to the trendy Balaclava scene. Enjoying a spacious alfresco area, deluxe appointments and a lifestyle location that's second-to-none with Carlisle Street shops/cafes and public transport at your doorstep.

- Double-glazing for superior noise and climate insulation
- Floorboards in the living areas, carpet in the bedroom

- Ground floor bedroom, fully fitted built in robes, split system
- Dual access to ensuite bathroom with shower
- First floor to sleek dining area with adjoining kitchen
- Stone bench, Miele appliances, integrated Smeg dishwasher
- Second level spacious living room with split system A/C
- Access to terraced balcony ideal for alfresco enjoyment
- Euro laundry, video intercom
- Walk to Balaclava station and Carlisle Street trams/shops

Property History for 1/2 Nelson St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$670,000
28 Jun 2016
Listed for Rent
$350/w
25 Aug 2021
  • 16 Jul 2025
    Listed for Rent $450 / week
  • 25 Aug 2021
    Listed for Rent $350 / week
  • 30 Nov 2020
    Listed for Rent $390 / week
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About Balaclava 3183

The size of Balaclava is approximately 0.8 square kilometres. It has 3 parks covering nearly 1.8% of 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 3,650 properties. Over the last 5 years, Houses in Balaclava have seen a 8.80% increase in median value, while Units have seen a 4.64% increase. As at 30 November 2025:

  • The median value for Houses in Balaclava is $1,408,371 while the median value for Units is $604,904.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.