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.
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.
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:
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