12 Albion StreetBalaclava VIC 3183
Property Details for 12 Albion St, Balaclava
12 Albion St, Balaclava is a 4 bedroom, 12 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 947m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (April 2025)
A massive investment opportunity exists to enjoy endless returns on a three storey block of 12 solid & spacious two bedroom apartments. Positioned on a substantial 947m2* allotment in a prime lifestyle location & close to all the vibrant action of Balaclava & Ripponlea, it presents a unique chance for the seasoned investor, renovator or developer to explore an array of future prospects for capital growth (STCA), in a location constantly in demand for its lifestyle appeal & investment potential. All 12 generously proportioned apartments of very similar floorplans, some freshly painted & newly carpeted, feature a light filled living room with large windows providing leafy outlooks, balcony access, hallway storage, a functional spacious kithen with space for meals area, two good sized bedrooms with built in robes, a central bathroom with bath, shower, laundry facilities & a separate toilet. The block also features three single lock up garages & additional off street parking at the rear of block. Conveniently positioned in a location that delivers a complete lifestyle balance with Ripponlea Village, vibrant Carlisle Street, Ripponlea train station & Brighton Road tram routes all close by & with easy access to St Kilda & the bay.Dont miss this rare & exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.
Property History for 12 Albion St, Balaclava, VIC 3183
- 11 Mar 2025Listed for Sale Not Disclosed
- 20 May 2020Sold for $2,001,000
- 01 May 2020Listed for Sale $1,800,000 - $1,930,000
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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