320 Carlisle Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
 
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320 Carlisle Street
Balaclava VIC 3183

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1171m2
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Property Details for 320 Carlisle St, Balaclava

Building Type
Commercial
Land Size
1171m2
Local Government
Port Phillip
Lot/Plan
1/TP707983

Last Listing description (July 2016)

EOI CLOSING THURSDAY MAY 5 AT 2PM
First time offered in nearly 30 years!
Land Area: 1,174m2 (approx)

Commercial 1 Zoning
Current Rent: $303,586pa (approx)
58 metre frontage to Westbury Street
Prime Carlisle Street corner location surrounded by national tenants
Rare opportunity to purchase in tightly held area
Significant land holding with upside
An exceptional freehold corner of 8 retail shops and 6 office suites with unprecedented future development potential.
Located just 7 kilometres away from Melbournes CBD, Carlisle Street, Balaclava is a hub of activity.
This multi-frontage landholding sits amongst a booming thoroughfare of trendy caf s, supermarkets, boutique retailers and is supported by all forms of transport including Balaclava Train Station which recently received a multi-million dollar railway upgrade to support the thousands who transit daily.

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Property History for 320 Carlisle St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$7,920,000
05 May 2016
  • 05 May 2016
    Sold for $7,920,000
  • 01 Apr 2016
    Listed for Sale Not Disclosed
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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 3,651 properties. Over the last 5 years, Houses in Balaclava have seen a 1.28% increase in median value, while Units have seen a 3.55% increase. As at 31 December 2025:

  • The median value for Houses in Balaclava is $1,446,411 while the median value for Units is $619,203.
  • Houses have a median rent of $638 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Balaclava.

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