3/40 The Avenue, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

3/40 The Avenue
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 596m2
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Property Details for 3/40 The Avenue, Balaclava

3/40 The Avenue, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 596m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1960
Floor Size
98m2
Land Size
596m2
Local Government
Port Phillip
Lot/Plan
3/PS425143

Last Listing description (November 2020)

Elevated and secretly secluded in a rare mansion-style block, this spacious apartment of 94sqm approx is part of a boutique complex of just 5. Combining the stunning heritage features and modern day appointments, the interior displays high ceilings with timber floorboards, defining a beautifully bright living/dining domain with fireplace that's overlooked by the fully equipped kitchen featuring stainless steel appliances including gas cooking, dishwasher and ample cupboard space. French doors open onto the balcony, perfect for entertaining with views of the City Skyline.The expansive master bedroom with built-in robes offers a leafy aspect and an abundance of natural light whilst the second bedroom is also spacious in size and offers built in robes. Sharing a central bathroom with large walk in shower, while a wall of storage in the hallway incorporates a European laundry. Further highlights include a reverse-cycle air conditioner, secure intercom & parking.

Property History for 3/40 The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$867,500
28 Nov 2020
Listed for Rent
$540/w
28 Apr 2016
  • 28 Nov 2020
    Sold for $867,500
  • 30 Oct 2020
    Listed for Sale $750,000 - $800,000
  • 23 Mar 2016
    Listed for Rent - Price not available
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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 1.98% 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 3 properties listed for sale, and 7 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 174 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.