2/49 Gourlay Street, Balaclava, VIC 3183 sold on 12 June 2025 | OnTheHouse
SOLD
Sold on 12 Jun 2025 for $565,000

2/49 Gourlay Street
Balaclava VIC 3183

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 2/49 Gourlay St, Balaclava

2/49 Gourlay St, Balaclava is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit

Last Listing description (June 2025)

A rare find in original condition, this ground-floor apartment in the heart of Balaclava offers the perfect canvas for renovators or savvy investors. Set within a peaceful block of only a few, this spacious three-bedroom residence is bursting with potential in a location that sells itself.

Step inside and you'll find a surprisingly generous layout with a large living area, separate kitchen, and well-proportioned bedrooms-two with built-in robes. The bathroom has been modified for accessibility and includes a walk-in shower and handrails, presenting a unique opportunity for a thoughtful transformation.

Enjoy everything this lifestyle-rich pocket has to offer, with Carlisle Street's vibrant cafes, Ripponlea Village, trains, trams, and local parks all within easy reach.

Key Features
-Three bedrooms, two with built-in robes
-Large living area with natural light
-Original kitchen with gas cooking
-Modified accessible bathroom with step-free shower
-Separate toilet and internal laundry
-Ground floor position in a boutique block
-Off-street parking via rear access
-Incredible potential to renovate and add value

Property History for 2/49 Gourlay St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$565,000
12 Jun 2025
  • 12 Jun 2025
    Sold for $565,000
  • 21 May 2025
    Listed for Sale $480,000 - $525,000
  • 11 Sep 2006
    Transferred
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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 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 3 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

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Dimitris Koptis
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Ashley Patane
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OBrien Real Estate (Chelsea)
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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.