118/48 Blenheim Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

118/48 Blenheim Street
Balaclava VIC 3183

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 1943m2
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Property Details for 118/48 Blenheim St, Balaclava

118/48 Blenheim St, Balaclava is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 1943m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2017
Floor Size
97m2
Land Size
1943m2
Local Government
Port Phillip
Lot/Plan
118/PS745047

Last Listing description (March 2026)

THE DEAL
Where considered design meets uncompromising luxury, this residence within the boutique No. 308 Carlisle development delivers a level of craftsmanship and comfort rarely found in Balaclava.

From the moment you step inside, the quality is unmistakable. Timber flooring, extensive built-in storage, and zoned ducted heating and cooling set a foundation of refined practicality. The kitchen is a true centrepiece an oversized breakfast bench wrapped in marbled stone, integrated Miele appliances including dual ovens, a 900mm gas cooktop, fridge and dishwasher, all creating a culinary space designed for the serious home chef.

The living domain flows seamlessly onto a bright, spacious balcony framed by fully adjustable shutters. Open them for breezy entertaining or close them for privacy its an all-season extension of your living space and the perfect setting for summer nights spent with friends.

Both bedrooms are superb in scale, each with mirrored robes. The second bedroom is bathed in natural light via floor-to-ceiling glazing, while the master suite is a quiet retreat featuring its own ensuite with a generous walk-in shower, freestanding bath, stone benchtops and a double vanity a sanctuary of hotel-level indulgence. A sparkling central bathroom, two secure basement car spaces and a large storage cage add further convenience.

Positioned in one of Melbournes most connected lifestyle pockets, the location is impossible to overstate: Carlisle Streets cafs, restaurants and trams are at your door, and Balaclava Station is a mere 60 metres away, putting the CBD just over ten minutes from home. A short stroll leads you to Acland Street, Chapel Street, St Kilda Botanical Gardens and St Kilda Beach the best of inner-south living at your fingertips.

SEALS THE DEAL
A beautifully finished apartment in a boutique building, complete with luxury interiors, thoughtful design and an unbeatable lifestyle location a home for those who expect more than the ordinary.

Property History for 118/48 Blenheim St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$970,000
21 Apr 2016
Listed for Rent
$900/w
15 Mar 2024
  • 21 Nov 2025
    Listed for Sale THE DEAL: $950K - $1.040M
  • 27 Feb 2024
    Listed for Rent $900 / week
  • 16 Nov 2022
    Listed for Rent $775 / 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 3,672 properties. Over the last 5 years, Houses in Balaclava have seen a 2.69% increase in median value, while Units have seen a -1.15% decrease. As at 30 April 2026:

  • The median value for Houses in Balaclava is $1,498,344 while the median value for Units is $610,464.
  • Houses have a median rent of $975 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 177 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.