1 Gourlay StreetBalaclava VIC 3183
Property Details for 1 Gourlay St, Balaclava
1 Gourlay St, Balaclava is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 447m2. While the property is not currently for sale or for rent, it was last transferred in November 2019.
Last Listing description (May 2024)
Invest in one of Melbourne's most sought after inner urban lifestyle neighbourhoods with this block of four townhouses in one of Balaclava's most sought after pockets.
To be offered as one on 488m2, the opportunity exists to reap instant set and forget rental returns from the currently tenanted three-bedroom homes whilst enjoying the consistent capital growth of your investment in one of Balaclava's most sought after pockets.
Currently returning $120,000 PA approx. on four separate leases, each three-bedroom two-bathroom home offers comfortable accommodation with modern kitchen, courtyard, ducted heating and off-street parking via remote operated garages.
Property History for 1 Gourlay St, Balaclava, VIC 3183
- 29 May 2024Listed for Sale Inspect by Private Appointment
- 22 May 2023Listed for Sale Inspect by Private Appointment
- 29 Nov 2019Transferred
Recent sales nearby
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0About 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.
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