5/55 Elm Grove, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

5/55 Elm Grove
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 437m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Mar 2026
Low

High
Save

Property Details for 5/55 Elm Gr, Balaclava

5/55 Elm Gr, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 437m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1960
Floor Size
58m2
Land Size
437m2
Local Government
Port Phillip
Lot/Plan
10/PS306419

Last Listing description (February 2026)

Ideally located on the top, first floor of a well-maintained boutique block of only 6 apartments, this updated two-bedroom apartment showcases a spacious floorplan and is conveniently positioned within easy access to local parks, public transport and Carlisle Street and Glen Eira Rd Shopping District.

- Generous living and dining areas bathed in morning sun
- Wood look flooring throughout with split system in second bedroom

- Neat kitchen with gas cooking with room for breakfast table
- Double bedrooms come fitted with mirrored built-in robes
- Fully tiled bathroom, shower over bath and laundry taps
- Securely gated with intercom entry and single car parking at rear
- Short walk to Ripponlea Station and Brighton Road tram stops
- Moments to local parks, Ripponlea village, lifestyle amenities

Property History for 5/55 Elm Gr, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$488,000
05 Jun 2024
Listed for Rent
$395/w
29 Aug 2022
  • 05 Jun 2024
    Sold for $488,000
  • 24 Apr 2024
    Listed for Sale Private Sale: $482,000 - $530,000
  • 22 Jul 2022
    Listed for Rent $395 / week
Sign in to see more transactions
Commute Calculator

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 3,674 properties. Over the last 5 years, Houses in Balaclava have seen a 1.12% increase in median value, while Units have seen a 1.05% increase. As at 28 February 2026:

  • The median value for Houses in Balaclava is $1,475,971 while the median value for Units is $609,853.
  • Houses have a median rent of $685 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 181 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

Market Insights
Balaclava Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Balaclava Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.