1/40 Gourlay Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

1/40 Gourlay Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 466m2
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Last updated 1 Dec 2025
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Property Details for 1/40 Gourlay St, Balaclava

1/40 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 466m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1964
Floor Size
58m2
Land Size
466m2
Local Government
Port Phillip
Lot/Plan
1A/PS401125

Last Listing description (April 2025)

Ground floor front security apartment comprises open plan kitchen/living with washer dryer. 2 generous bedrooms overlooking a large private court yard.

Separate bathroom/laundry facilities Single undercover secure car space. Close to all amenities and shops.

BOOKING AN INSPECTION

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APPLYING FOR THIS PROPERTY
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Property History for 1/40 Gourlay St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$575,000
10 Jul 2024
Listed for Rent
$550/w
15 Aug 2023
  • 10 Jul 2024
    Sold for $575,000
  • 19 Jun 2024
    Listed for Sale Private Sale: $550,000 - $600,000
  • 20 Jun 2023
    Listed for Rent $550 / 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 11.78% increase in median value, while Units have seen a 2.14% increase. As at 31 October 2025:

  • The median value for Houses in Balaclava is $1,412,048 while the median value for Units is $592,466.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 7 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.