3 Gibbs Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

3 Gibbs Street
Balaclava VIC 3183

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 121m2
Land area: 221m2
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Property Details for 3 Gibbs St, Balaclava

3 Gibbs St, Balaclava is a 3 bedroom, 1 bathroom House. The property has a land size of 221m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Floor Size
121m2
Land Size
221m2
Local Government
Port Phillip
Lot/Plan
1/TP172946

Last Listing description (April 2022)

An incredible lifestyle setting, this two-three bedroom Victorian presents a rare opportunity on 227m2 (approx.) to tailor the inner-city lifestyle of your dreams STCA.

Ideally placed strolling distance to Carlisle Street cafes, City trams and trains, local schools and parks, and provides easy access to all of the lifestyle options Balaclava, St Kilda & Ripponlea have to offer.


Beyond its traditional faade the property exhibits a functional floor-plan comprising an entrance hall leading to a large front bedroom and good sized second bedroom. Further on is a spacious central living room, third bedroom/dining with a separate original kitchen and central bathroom, completing the package is a large backyard with shed, water tank and ROW.

Perfectly located in the heart of this elite suburb with easy access to Nepean Highway and St Kilda Road it is an opportunity you wouldn't want to miss. Roll up your sleeves and turn this home into a showpiece or, alternatively, seek council approval to craft the brand-new residence of your dreams.

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Property History for 3 Gibbs St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$1,255,000
26 Apr 2022
  • 26 Apr 2022
    Sold for $1,255,000
  • 30 Mar 2022
    Listed for Sale Contact Agent
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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 11.78% increase in median value, while Units have seen a 2.14% increase. As at 31 October 2025:

  • The median value for Houses in Balaclava is $1,412,048 while the median value for Units is $592,466.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 3 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.