1/5B The Avenue, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
 
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1/5B The Avenue
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 5 Jan 2026
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Property Details for 1/5b The Avenue, Balaclava

1/5b The Avenue, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 1998.

Building Type
Unit
Local Government
Port Phillip
Lot/Plan
1/SP23321

Last Listing description (June 2022)

Dream Courtyard Apartment in the heart of Balaclava

PLEASE NOTE THAT THIS PROPERTY IS OFFERED UNFURNISHED AND IS AVAILABLE FOR A 12 MONTH + TENANCY.

You've found your perfect match in this delightful 2-bedroom period ground floor apartment situated in a boutique older style building within well maintained garden surrounds.


Sensational location just moments to effervescent Carlisle St shopping & cafe strip, Balaclava Station or easy walking distance to Ripponlea.

Enjoy a newly renovated kitchen, and fresh paint throughout.

Two bedrooms, One bathroom with convenient shower over bath, and double doors onto paved, private courtyard. There is remote control accessed offstreet parking.

Split system heating/cooling and convenient communal laundry complete the picture.

Welcome home.

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Property History for 1/5b The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$145,000
04 Jul 1998
  • 11 Apr 2022
    Listed for Rent $450.00
  • 30 May 2016
    Listed for Rent - Price not available
  • 07 Jan 2014
    Listed for Rent $380
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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 7 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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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