6/94 Grosvenor St, Balaclava is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 554m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in Balaclava in the last 12 months.
Discover a fantastic investment opportunity with this charming one-bedroom apartment located on Grosvenor Street in the vibrant suburb of Balaclava. This well-maintained residence is perfectly suited for investors seeking a solid return, with a rental appraisal of $450-$500 per week. The apartment offers a functional layout, featuring built-in robes and modern amenities that ensure comfortable living for potential tenants.
Balaclava is renowned for its lively atmosphere and convenient location. With easy access to public transport, bustling cafes, and eclectic shops, this suburb provides an attractive lifestyle for renters. The nearby St Kilda Botanical Gardens and local parks offer green spaces for relaxation and recreation, enhancing the appeal of this investment property.
Seize the opportunity to add a promising asset to your portfolio in one of Melbourne's most sought-after locations. The demand for rental properties in Balaclava continues to rise, making this apartment a smart choice for investors. Don't miss out on securing this prime investment act now!
The size of Balaclava is approximately 0.8 square kilometres. There are 3 parks, covering nearly 1.8% of the 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 3,668 properties. Over the last 5 years, Houses in Balaclava have seen a -4.29% decrease in median value, while Units have seen a -4.27% decrease. As at 31 July 2026:
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