88A William Street, Balaclava, VIC 3183 sold on 21 June 2025 | OnTheHouse
SOLD
Sold on 21 Jun 2025 for $470,000

88A William Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 204m2
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Property Details for 88a William St, Balaclava

88a William St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 204m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
204m2
Local Government
Port Phillip
Lot/Plan
2/PS440436

Last Listing description (December 2025)

Situated in 'Grosvenor Mansions', that began life as a row of handsome Victorian terraces before being converted to apartments between the wars, this older-style abode is now ready for its next reincarnation.
In need of renovation that would really bring the spaces to life, the top floor home has no active owners' corporation and is accessed via an Arts & Crafts external staircase which leads to the front-facing verandah. Inside, the accommodation is crowned by soaring ceilings, while timber floors are there to be fully uncovered and polished to please.
To the front, the main bedroom is of generous proportions and features an open fireplace that could be restored, creating an intimate space for cold winter nights. Further on is a well-sized living area, while the second bedroom is filled with light and would be a peaceful space to work from home. A central kitchen and bathroom are also offered along with a wall heater in the hallway.

An exciting opportunity to create a stylish inner-city haven with true character and a heritage soul, the home would respond well to a new kitchen and bathroom, a lick of paint and some gentle maintenance. Once complete, it would appeal to any busy owner-occupier or investor.
Opposite the pocket park, and the easiest walk to bustling cafes, vibrant shops & city-bound trams, there is also the station within steps to take you to Chapel Street, the MCG or further afield.

Property History for 88a William St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$470,000
21 Jun 2025
  • 21 Jun 2025
    Sold for $470,000
  • 15 May 2025
    Listed for Sale $470,000
  • 05 Jun 2004
    Sold for $275,000
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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 3,652 properties. Over the last 5 years, Houses in Balaclava have seen a 1.28% increase in median value, while Units have seen a 3.55% increase. As at 31 December 2025:

  • The median value for Houses in Balaclava is $1,446,411 while the median value for Units is $619,203.
  • Houses have a median rent of $638 while Units have a median rent of $550.
There are currently 3 properties listed for sale, and 1 property listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

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Chisholm & Gamon - Elwood
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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.