5/40 Gourlay StreetBalaclava VIC 3183
Property Details for 5/40 Gourlay St, Balaclava
5/40 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 466m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (December 2025)
Stylish and savvy, this smart 2 bedroom 1st floor security apartment is your ticket into buzzing Balaclava.
Chic with its timber style floors, white plantation shutters and sage kitchen cabinetry, this lovely retreat enjoys an open plan living and dining area filled with morning sun, a suave marble look kitchen with stainless steel appliances and laundry facilities, 2 sizeable bedrooms with built in robes and an immaculate bathroom.
Astute as an investment in this urban location, this solid brick abode stays cool in summer and warm in winter with reverse cycle air conditioning and ceiling fans.
In this boutique block of only six, a short stroll to all your caf, shopping and dining desires on Carlisle Street, plus Balaclava station and the Melbourne Uni tram, while within easy reach of Ripponlea's thriving dining and night scene.
East and west natural light
Reverse cycle air conditioning
Internal laundry facilities
Block of only six
Walk to Balaclava station
Property History for 5/40 Gourlay St, Balaclava, VIC 3183
- 06 Feb 2025Sold for $460,000
- 31 Jan 2024Listed for Sale $480,000
- 15 Jun 2022Listed for Rent $400 / week
Recent sales nearby
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0About 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 3,675 properties. Over the last 5 years, Houses in Balaclava have seen a 1.68% increase in median value, while Units have seen a -0.55% decrease. As at 31 March 2026:
- The median value for Houses in Balaclava is $1,481,363 while the median value for Units is $610,082.
- Houses have a median rent of $995 while Units have a median rent of $550.
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