5/38 Dianella Lane, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

5/38 Dianella Lane
Balaclava VIC 3183

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 397m2
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Last updated 19 Jan 2026
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Property Details for 5/38 Dianella Lane, Balaclava

5/38 Dianella Lane, Balaclava is a 0 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 397m2.

Building Type
Unit
Year Built
2015
Land Size
397m2
Local Government
Port Phillip

Last Listing description (August 2023)

This fabulous New York warehouse-style studio apartment features state of the art finishes and technology. Ideally located close to cosmopolitan Carlisle Street's shops/cafes, trams, Balaclava train station and Chapel Street right at your doorstep, you'll never need to leave.

- Building entrance on Dianella Lane
- Keyless intercom entry

- Bright, spacious open plan living/dining area
- Open plan kitchen with gas cooktop, dishwasher and stone benchtops
- Euro laundry cupboard in the bathroom
- Sliding glass doors through to the balcony
- Generous walk-in robe off from the living area
- Central tiled bathroom with shower and vanity
- Timber floors and electronic block out blinds throughout
- Split system heating and cooling

Property History for 5/38 Dianella Lane, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Listed for Rent
$375/w
11 Aug 2023
  • 24 Jul 2023
    Listed for Rent $375 / week
  • 18 Jan 2022
    Listed for Rent $320 / week
  • 05 Jan 2021
    Listed for Rent $320 / week
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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 1.28% 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 2 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 170 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.