1/31 Nelson Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

1/31 Nelson Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 675m2
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Property Details for 1/31 Nelson St, Balaclava

1/31 Nelson St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 675m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1970
Floor Size
82m2
Land Size
675m2
Local Government
Port Phillip
Lot/Plan
1/PS349220

Last Listing description (July 2024)

Imagine a life where youre just steps away from the vibrant pulse of Carlisle Street its aromatic coffee spots, diverse eateries, and quirky shops, with trams, Balaclava Station, and Coles all practically at your doorstep. This securely accessed apartment, with its own dedicated entry, in a boutique block of only seven, puts you in the heart of the caf-centric action.
Inside, super-high ceilings create an airy, open ambience in the generously proportioned, refurbished interior, featuring a seamless flow from the living room to the dining area and the modern kitchen. Here youll find a stainless-steel oven, gas cooktop, and a dishwasher all complemented by an extra-deep breakfast bar thats perfect for those quick morning coffees or casual dinners with friends.
Down the entry passage lie two bedrooms, each fitted with floor-to-ceiling cupboards, and sharing an updated bathroom with a convenient shower-over-the-bath arrangement and a separate toilet.

With a covered car space, split-system air conditioning, panel heating, a balcony, washing machine taps, and ample hallway storage, this apartment has everything you need for comfortable living.
If you're a first-time buyer or savvy investor, this is an opportunity you won't want to miss. Seize the chance to embrace the buzzing Balaclava lifestyle today.

Property History for 1/31 Nelson St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$550,000
07 Jul 2024
Listed for Rent
$470/w
03 Jan 2023
  • 07 Jul 2024
    Sold for $550,000
  • 07 Jun 2024
    Listed for Sale $500,000 - $550,000
  • 21 Dec 2022
    Listed for Rent $470 / 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 4 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 167 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.