5/40 Sycamore Grove, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

5/40 Sycamore Grove
Balaclava VIC 3183

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 5/40 Sycamore Gr, Balaclava

5/40 Sycamore Gr, Balaclava is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1970
Local Government
Port Phillip
Lot/Plan
5/PS437949

Last Listing description (November 2024)

Boutique Living Bathed In Light

Within a boutique block of just six, this well-presented apartment enjoys a peaceful first-floor setting, light-filled interiors and an ultra-convenient location from where you?ll discover beautiful parkland, transport links and an array of local lifestyle precincts.

- Generously proportioned and welcoming living room
- Separate kitchen/meals featuring gas appliances

- Good sized double bedroom with built-in robes
- Combined shower/bath in bathroom, security intercom
- Air conditioning, laundry facilities in the kitchen
- Allocated off-street parking behind auto gate security
- Easy stroll to the glorious Greenmeadows Gardens
- Walk to multiple tram routes and multiple train stations
- Around the corner to cosmopolitan Carlisle Street
- Close to Ripponlea Village and Rippon Lea Estate

Property History for 5/40 Sycamore Gr, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$345,000
22 Nov 2024
  • 22 Nov 2024
    Sold for $345,000
  • 17 Jun 2024
    Listed for Sale $349,000
  • 05 Nov 2021
    Listed for Rent $295 Per 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 3,650 properties. Over the last 5 years, Houses in Balaclava have seen a 8.80% increase in median value, while Units have seen a 4.64% increase. As at 30 November 2025:

  • The median value for Houses in Balaclava is $1,408,371 while the median value for Units is $604,904.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 167 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.