5/5 Gourlay Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
 
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5/5 Gourlay Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 484m2
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Property Details for 5/5 Gourlay St, Balaclava

5/5 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 484m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1960
Floor Size
59m2
Land Size
484m2
Local Government
Port Phillip
Lot/Plan
5/SP32812

Last Listing description (December 2025)

PLEASE NOTE: Open for Inspection Times and Property Availability are subject to change or cancellation. If you wish to be notified of any cancellations or changes, please register your details for an inspection.

This beautifully renovated, first-floor apartment is flooded with natural light and immaculately presented. Within moments to both Ripponlea Village and Carlisle Streets, stroll to the cafs, restaurants, shops and both Balaclava and Ripponlea stations. With William Street Reserve at the end of the street and moments to the beach, this is truly a lifestyle location.

Featuring:

- Spacious living and dining with heating/cooling and showcasing the beautiful floating floorboards.
- Modern separate kitchen features stainless steel electric cooker, plenty of storage and a handy breakfast bar.
- Two large, carpeted bedrooms with mirrored built-ins and ceiling fans.
- Fully tiled bathroom with shower over bath.
- Allocated off-street parking at the rear of the property, secure.
- Communal laundry for own machine.

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Property History for 5/5 Gourlay St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$495,000
03 Sep 2023
Listed for Rent
$585/w
29 Oct 2025
  • 06 Oct 2025
    Listed for Rent $585 / week
  • 02 Oct 2023
    Listed for Rent $550 / week
  • 03 Sep 2023
    Sold for $495,000
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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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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