1 Penny LaneBalaclava VIC 3183
Property Details for 1 Penny Lane, Balaclava
1 Penny Lane, Balaclava is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 200m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (April 2024)
Expressions of Interest Closing 26th March 5.00pm.
Uncover a world of unparalleled sophistication and exclusivity with this architect designed two storey three bedroom, two bathroom contemporary residence nestled on its own captivating lane.
The home exudes a unique warehouse inspired atmosphere, enhanced by lush, leafy surroundings and streaming natural light from northerly aspects. Entertain in complete privacy within the north facing courtyard area which has a wonderful atmosphere and the perfect amenity including a covered dining area, integrated BBQ, seating and audio system.
With polished concrete flooring and banks of windows, the generous north-facing living and dining zone frames the garden creating a very private and peaceful living space, while a fireplace wrapped in floor-to-ceiling stone is a delightful feature. Caf doors in the kitchen create a seamless indoor outdoor flow for entertaining, while appointments include a freestanding Ilve oven with gas cooktop, dishwasher, walk-in pantry, stone benchtops and breakfast bar.
Upstairs, the generous main bedroom is spoilt with a large walk-in robe and stylish stone ensuite, while two further bedrooms with built-in robes are served by a main sky-lit bathroom with a separate bath and shower.
Comprehensive appointments include remote garaging for two cars, solar panels, excellent storage, split system heating and air conditioning, powder room, security intercom entrance and separate laundry.
Embrace the allure of this one-of-a-kind dwelling, where every detail has been thoughtfully crafted to create a living experience in a class of its own moments from cosmopolitan Carlisle Street, Balaclava Station, trams, cafes and restaurants.
Property History for 1 Penny Lane, Balaclava, VIC 3183
- 14 Mar 2024Sold for $1,720,000
- 27 Feb 2024Listed for Sale $1,720,000
- 15 May 2012Transferred
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 3,674 properties. Over the last 5 years, Houses in Balaclava have seen a 1.68% increase in median value, while Units have seen a -0.55% decrease. As at 31 March 2026:
- The median value for Houses in Balaclava is $1,481,363 while the median value for Units is $610,082.
- Houses have a median rent of $995 while Units have a median rent of $550.
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