1/38 Elm Grove, Balaclava, VIC 3183 sold on 31 October 2025 | OnTheHouse
 
SOLD
Sold on 31 Oct 2025 for $520,000

1/38 Elm Grove
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 63m2
Land area: 431m2
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Property Details for 1/38 Elm Gr, Balaclava

1/38 Elm Gr, Balaclava is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1964. The property has a land size of 431m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
63m2
Land Size
431m2
Local Government
Port Phillip
Lot/Plan
1/PS608104

Last Listing description (December 2015)

A haven of peace & privacy, this ground-floor apartment has been refurbished for a lifestyle of easy comfort. One of just six in a solidly built boutique block, it offers a spacious living room with reverse-cycle air conditioner & timber floors, brand-new carpets & floor-to-ceiling built in cupboards in the two bedrooms, washing machine taps in the bathroom & stylish kitchen/meals with dishwasher, Blanco cooking appliances & glossy black stone benchtops which are offset with black floor tiles. A car space is also on title. This worthy winner for the beginner or ready-to-reward investment is quietly located around the corner from vibrant Ripponlea Village's thriving cafes, great shops, boutiques, personal services, trains & buses. Carlisle Street is a gentle stroll away.

Property History for 1/38 Elm Gr, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$520,000
31 Oct 2025
Listed for Rent
$360/w
26 Nov 2014
  • 31 Oct 2025
    Sold for $520,000
  • 07 Nov 2015
    Sold for $456,000
  • 13 Oct 2015
    Listed for Sale $390,000 - $420,000
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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 3,651 properties. Over the last 5 years, Houses in Balaclava have seen a 1.28% increase in median value, while Units have seen a 3.55% increase. As at 31 December 2025:

  • The median value for Houses in Balaclava is $1,446,411 while the median value for Units is $619,203.
  • Houses have a median rent of $638 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Balaclava.

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