2/40 The Avenue, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

2/40 The Avenue
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 596m2
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Property Details for 2/40 The Avenue, Balaclava

2/40 The Avenue, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 596m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
1910
Floor Size
120m2
Land Size
596m2
Local Government
Port Phillip
Lot/Plan
2/PS425143

Last Listing description (December 2015)

Secretly secluded in a unique mansion-style block, this massive apartment is quite simply spectacular. Underscored with the grand & glamorous proportions of the Victorian era, the stunningly renovated interior displays a stylish synergy of yesterday & today. A electric fireplace in authentic surrounds separates the welcoming & good-sized living room from the dining room, which is overlooked by a gourmet kitchen equipped with Neff cooking appliances, stone benchtops & soft-touch cabinetry. French doors lead to a generous courtyard where alfresco entertaining & relaxing will always be a pleasure. The two bedrooms are fitted with built-in cupboards & share a stylishly appointed designer bathroom while a wall of storage in the hallway incorporates a European laundry. Further highlights of this one-of-a-kind home include ducted heating, a reverse-cycle air conditioner, floorboards, secure intercom entry & a car space. Part of a boutique complex of just five, the home is ideally located within walking distance of Carlisle Street's cafes, Ripponlea Village & a fantastic network of tram, trains & buses.

Property History for 2/40 The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$720,000
19 Sep 2015
  • 19 Sep 2015
    Sold for $720,000
  • 25 Aug 2015
    Listed for Sale $630,000 - $710,000
  • 09 Apr 2011
    Sold for $559,000
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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 3,652 properties. Over the last 5 years, Houses in Balaclava have seen a 1.28% increase in median value, while Units have seen a 3.55% increase. As at 31 December 2025:

  • The median value for Houses in Balaclava is $1,446,411 while the median value for Units is $619,203.
  • Houses have a median rent of $638 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 168 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.