2/55 Elm Grove, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

2/55 Elm Grove
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 437m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Mar 2026
Low

High
Save

Property Details for 2/55 Elm Gr, Balaclava

2/55 Elm Gr, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 437m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1965
Floor Size
55m2
Land Size
437m2
Local Government
Port Phillip
Lot/Plan
2/PS306419

Last Listing description (February 2026)

Positioned in a quiet boutique block, this stylishly renovated two-bedroom apartment delivers comfortable, low-maintenance living with the added bonus of a private outdoor deck. Light-filled interiors, modern finishes and a functional layout make this an ideal home for those seeking inner-city convenience in a peaceful setting.

What we love about the property:

- Two generous bedrooms with built-in robes
- Open-plan living and dining area with polished timber floors
- Modern galley kitchen with gas cooking and dishwasher
- Central bathroom with shower over bath
- Split-system heating and cooling
- Private decked outdoor area, ideal for relaxing or entertaining
- Internal laundry facilities
- Secure off-street car space
- Well-maintained, low-density apartment block

Conveniently located close to cafs, public transport, Alma Park and Carlisle Street shopping, with easy access to the CBD and beach.

BOOKING AN INSPECTION
All of our available inspection times are displayed below and you can register yourself for an inspection using our online booking system. If you can't make the listed inspection time or if no times are displayed, please register your interest and we will notify you as soon as an inspection time becomes available.

APPLYING FOR THIS PROPERTY
We have a strict 'inspect before apply' policy for all our rental properties. You must either inspect the property yourself or have someone attend on your behalf. We only accept online applications through 2Apply and the application code will be provided to you at the inspection.

Property History for 2/55 Elm Gr, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$615,000
28 Aug 2023
Listed for Rent
$345/w
10 Oct 2009
  • 14 Jan 2026
    Listed for Rent $650 / week
  • 28 Aug 2023
    Sold for $615,000
  • 09 Aug 2023
    Listed for Sale $570,000 - $620,000
Sign in to see more transactions
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 3,651 properties. Over the last 5 years, Houses in Balaclava have seen a 1.98% increase in median value, while Units have seen a 1.78% increase. As at 31 January 2026:

  • The median value for Houses in Balaclava is $1,437,722 while the median value for Units is $611,154.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 181 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.