1/38 The Avenue, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

1/38 The Avenue
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 600m2
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Property Details for 1/38 The Avenue, Balaclava

1/38 The Avenue, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 600m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1970
Floor Size
65m2
Land Size
600m2
Local Government
Port Phillip
Lot/Plan
1/PS447031

Last Listing description (April 2018)

Make a stellar start to your property journey with this ground floor two bedroom apartment's enviable lifestyle rewards or solid investment returns. One of only seven in a boutique block, its impressive proportions boast generous living/dining spaces, two outdoor zones plus the rare inner city advantage of a lock up garage. Abundant natural light and pleasing presentation define its ideal living/dining domain with undercover terrace, a separate stone kitchen complete with stainless steel appliances and dishwasher, polished central bathroom and two spacious double bedrooms with robes, the main stepping out to a private entertainers' courtyard. Reverse cycle heating/cooling, intercom security and the lock up garage seal the deal just around the corner from the shops, cafes and bars of Carlisle Street, Balaclava Station and City trams. With interest rates at their lowest in a generation, accessible first home buyer incentives, Balaclava's consistent capital growth and minimal vacancy rates, this market entry or investment opportunity is not to be missed!

Property History for 1/38 The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$595,000
26 Mar 2018
Listed for Rent
$400/w
27 Aug 2015
  • 26 Mar 2018
    Sold for $595,000
  • 07 Mar 2018
    Listed for Sale $599,000
  • 16 Jul 2015
    Listed for Rent - Price not available
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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 3,652 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 2 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 170 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.