275 Balaclava Road, Caulfield North, VIC 3161 | Property Value & History | OnTheHouse
 
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275 Balaclava Road
Caulfield North VIC 3161

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Land area: 781m2
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Last updated 21 Sep 2026
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Property Details for 275 Balaclava Rd, Caulfield North

275 Balaclava Rd, Caulfield North is a 16 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 781m2.

Building Type
Unit
Land Size
781m2
Local Government
Glen Eira
Lot/Plan
3/LP5278

Last Listing description (February 2025)

Welcome to 275 Balaclava Road, Caulfield North, a stellar opportunity for developers and investors to capitalise on a unique and highly sought-after property. This exceptional site, currently generating an impressive rental income and has recently experienced significant growth in rental yield, reflecting the area's increasing demand and value. Spanning approximately 786sqm of land with dual street frontages, the property comprises 8 x 2-bedroom apartments, each featuring spacious layouts and the convenience of off-street parking.

Nestled in a vibrant locale, this prime position offers superb connectivity to public transport, lush parks, prestigious schools, train stations, and a plethora of popular restaurants and cafes. Just a stone's throw from Caulfield Train Station and the renowned Monash Campus, the property presents vast potential for redevelopment (STCA). With options to increase building height and explore underground construction, astute investors have a golden opportunity to leverage the tightening rental market, thereby boosting returns and adding substantial value.


The site falls under the zoning categories of General Residential Zone (GRZ) and General Residential Zone 2 (GRZ2), further enhanced by a Parking Overlay (PO) and Student Housing Parking Overlays (PO2-3).

Caulfield North is a hub of attraction for those seeking an outstanding suburban lifestyle and unparalleled investment opportunities. Located opposite the expansive 60-plus-acre Caulfield Park, residents enjoy easy access to vast outdoor spaces for recreation and relaxation. The suburb is also home to a fine selection of local schools, shops, and convenient public transport options.

Seize this once-in-a-lifetime investment chance in Caulfield North. Reach out to Jonathon Bird today to schedule an inspection and embark on your journey to lucrative property ownership in this prime location. An Information Memorandum is available for your detailed review. Act now to unlock the immense potential at 275 Balaclava Road, Caulfield North's premier investment opportunity, boasting a remarkable and growing rental return.

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Property History for 275 Balaclava Rd, Caulfield North, VIC 3161

A timeline of how this property has performed in the market
Listed for Rent
$360/w
10 Jan 2017
  • 02 Sep 2024
    Listed for Sale $4,125,000
  • 29 Jun 2023
    Listed for Sale Not Disclosed
  • 30 Jan 2023
    Listed for Sale $4,290,000
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About Caulfield North 3161

The size of Caulfield North is approximately 4.2 square kilometres. There are 4 parks, covering nearly 6.9% of the total area. The population of Caulfield North in 2016 was 15269 people. By 2021 the population was 16903 showing a population growth of 10.7% in the area during that time. The predominant age group in Caulfield North is 20-29 years. Households in Caulfield North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield North work in a professional occupation.In 2021, 57.20% of the homes in Caulfield North were owner-occupied compared with 58.80% in 2016.

Caulfield North has 11,116 properties. Over the last 5 years, Houses in Caulfield North have seen a -14.45% decrease in median value, while Units have seen a -8.17% decrease. As at 31 August 2026:

  • The median value for Houses in Caulfield North is $2,285,196 while the median value for Units is $684,485.
  • Houses have a median rent of $993 while Units have a median rent of $640.
There are currently 17 properties listed for sale, and 20 properties listed for rent in Caulfield north on OnTheHouse. According to Cotality's data, 427 properties were sold in the past 12 months in Caulfield north.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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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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.

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