1/56 William Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

1/56 William Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 593m2
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Property Details for 1/56 William St, Balaclava

1/56 William St, Balaclava is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 593m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
1950
Floor Size
82m2
Land Size
593m2
Local Government
Port Phillip
Lot/Plan
2/TP665842

Last Listing description (October 2025)

***IMPORTANT REGISTER TO INSPECT PROPERTIES ***

This freshly painted ground floor apartment offers a comfortable and convenient lifestyle. Featuring polished wooden floorboards throughout, a spacious lounge, and a generous separate kitchen with meals area and gas cooking, it combines practicality with charm.

Both bedrooms come complete with built-in robes and are serviced by a central bathroom. Additional features include a split system for heating and cooling, ensuring year-round comfort.

Perfectly located just moments from Carlisle Street shopping precinct and public transport including train stations, this apartment is ideal for those seeking space, style, and accessibility. Parking is on a first in best served basis

*** BOOK ONLINE NOW TO INSPECT ***
Simply click EMAIL AGENT and well respond instantly with available appointment times. Register to confirm your chosen inspection times so that we can advise you of any changes or alternatively you can suggest your own time and we will confirm.

Property History for 1/56 William St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$3,520,000
08 Apr 2015
Listed for Rent
$350/w
31 Oct 2022
  • 03 Oct 2025
    Listed for Rent $450 / week
  • 13 Oct 2022
    Listed for Rent $350 / week
  • 19 Apr 2022
    Listed for Rent $335 / 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 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.