2/31 Nelson Street, Balaclava, VIC 3183 sold on 12 August 2025 | OnTheHouse
 
SOLD
Sold on 12 Aug 2025 for $650,000

2/31 Nelson Street
Balaclava VIC 3183

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 2/31 Nelson St, Balaclava

2/31 Nelson St, Balaclava is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1959. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
1959
Local Government
Port Phillip
Lot/Plan
2/PS349220

Last Listing description (October 2021)

This Light and Bright Three Bedroom Apartment

Set in the perfect location and is just moments away from public transport, numerous cafes, and boutique shops. This stunning home consists of a spacious living room with heating, an open plan kitchen with a meals area with gas cooking, stainless steel appliances, and a dishwasher. Master with ensuite and built-in robes. The central sparkling bathroom has washing machine facilities and a shower over the bath. There is also an off-street car park for one car.

Please note the inspection times advertised are by appointment only. You must register prior to attendance.


Jellis Craig Inner North Property Management invites you to inspect this property.

If you would like to inspect this property please click 'book inspection' or 'make an appointment and we will be in contact to arrange a suitable time. Alternatively, you can email the agent or visit the property listing on www.jelliscraig.com.au and click 'Book Inspection'.

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Property History for 2/31 Nelson St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$650,000
12 Aug 2025
  • 23 Jul 2021
    Listed for Rent $580.00
  • 20 May 2016
    Listed for Rent $575 per week
  • 27 Mar 2015
    Listed for Rent $560 per 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 3,650 properties. Over the last 5 years, Houses in Balaclava have seen a 11.78% increase in median value, while Units have seen a 2.14% increase. As at 31 October 2025:

  • The median value for Houses in Balaclava is $1,412,048 while the median value for Units is $592,466.
  • Houses have a median rent of $625 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, 166 properties were sold in the past 12 months in Balaclava.

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