2/40 Elm Grove, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Elm Grove
Balaclava VIC 3183

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 436m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 2/40 Elm Gr, Balaclava

2/40 Elm Gr, Balaclava is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 436m2 and floor size of 99m2.

Building Type
Unit
Floor Size
99m2
Land Size
436m2
Local Government
Port Phillip

Last Listing description (January 2021)

A cozy rear unit with that original style in Balaclava. Currently comprising 3 Bedrooms, original living areas with stylish archways, separate kitchen/meals domains, and a central bathroom with separate laundry and toilet. This property has been freshly painted and fitted with new rollerblinds for that extra fresh feel. Off street parking at rear with fenced off courtyard to top it off as well as being close to Ripponlea station, great local shopping and Elsternwick Park.

To inspect, please refer to the listed inspection time (if applicable). If no inspection time is available, or you are not able to make the inspection time/s listed, please select contact agent and register your details.
Property is available for a 12 month initial lease.

All of our properties are unfurnished.
Monthly Rent: $2151 Bond: $2151
PLEASE NOTE: To comply with CovidSafe inspections you MUST register to attend the advertised Open for Inspection. Open for inspection times are subject to change at any time and if you do not register you will not be notified of any updates on Inspection Times or Property Availability or cancellations.
When inspecting you must maintain social distancing. You may be asked to apply sanitizer or wear gloves provided. The agent reserves the right to refuse entry to any party for any reason.

Property History for 2/40 Elm Gr, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Listed for Rent
$495/w
22 Jan 2021
  • 04 Nov 2020
    Listed for Rent $495 / week
Commute Calculator

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 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.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 167 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

Market Insights
Balaclava Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Balaclava Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.