8/98 Grosvenor Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

8/98 Grosvenor Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 515m2
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Last updated 21 Sep 2026
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Property Details for 8/98 Grosvenor St, Balaclava

8/98 Grosvenor St, Balaclava is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 515m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1960
Floor Size
73m2
Land Size
515m2
Local Government
Port Phillip
Lot/Plan
8/PS304004

Last Listing description (September 2026)

PLEASE NOTE THAT THIS PROPERTY IS UNFURNISHED

Positioned on the top floor of a boutique block of just nine apartments, this freshly painted two-bedroom residence combines modern updates with an unbeatable inner-bayside lifestyle, just moments from Ripponlea and Balaclava Villages.

Filled with natural light, the spacious living area enjoys polished timber floors and a large west-facing window capturing glimpses of the Melbourne skyline. The home has been enhanced with a newly renovated kitchen, featuring quality appliances, excellent storage and a contemporary finish, making it the heart of the home.

Both generously sized bedrooms include built-in robes, with the added comfort of split-system heating and cooling to both the living area and main bedroom, ensuring year-round comfort. A central bathroom with European laundry, secure intercom entry and a well-maintained boutique complex complete the package. Maintained communal garden located at the rear of the property offering a space for entertaining and enjoyment.

Ideally located within walking distance of Ripponlea Station, Balaclava Village, cafs, restaurants and local parks, with Elwood Beach, Elsternwick Village and the CBD all within easy reach, this is an outstanding opportunity to enjoy one of Melbourne's most sought-after lifestyle locations.

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Property History for 8/98 Grosvenor St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$452,500
21 Jun 2025
Listed for Rent
21 Feb 2019
  • 04 Aug 2026
    Listed for Rent $545 / week
  • 21 Jun 2025
    Sold for $452,500
  • 05 May 2025
    Listed for Sale $400,000 - $440,000
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About Balaclava 3183

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 3,664 properties. Over the last 5 years, Houses in Balaclava have seen a -8.50% decrease in median value, while Units have seen a -6.48% decrease. As at 31 August 2026:

  • The median value for Houses in Balaclava is $1,480,401 while the median value for Units is $591,550.
  • Houses have a median rent of $975 while Units have a median rent of $578.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 204 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.