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Investment Property Balaclava, VIC, 3183

Suburb Snapshot

Balaclava is a suburb in the Port Phillip Region of Victoria. Balaclava has a population of 5,394 people and 44.72% of its occupants live in rental accommodation. The median listing price for houses is $1,425,000 and this has changed 0.00% over the past year and changed 1.78% over 2 years.

The median rent in Balaclava for houses is $855 per week and the median rental yield is 3.12%. Stock on the market for houses/townhouses has changed 13.33% compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is $540,000 and this has changed 5.88% over the past year. The average unit takes 65 days to sell and the median rent for a unit in Balaclava is $495 per week, producing a rental yield of 4.76%.

Supply & Demand in Balaclava, Port Phillip

1.13%

Current vacancy rate


36

Rental stock available


5,394

Population


44.72%

Rental population


1.59%

Current vacancy rate


826

Rental stock available


100,866

Population


43.19%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Balaclava, Port Phillip

  House Townhouses Units
Median listing price $1,425,000 $930,000 $540,000
Median price change - last quarter 9.61% 0.00% 0.93%
Median price change - 1 year 0.00% NA 5.88%
Median price change - 2 years 1.78% -19.14% 0.93%
  House Townhouses Units
Median weekly rent $855 $980 $495
Median yield % 3.12% 5.47% 4.76%
Median rent change - 1 year 15.54% 34.24% 25.31%
  House Units
Previous month sales 5 4
Stock on market previous month 17 25
Stock variance vs. last year 13.33% 66.67%
Average days on market 42 65

Balaclava investment property listings

Showing 5 of 17 investment properties found in Balaclava on realestateinvestar.com.au

40 Rosamond St, Balaclava

$1,850,000

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Serenity and Functionality Combined

Step into this impeccably renovated Victorian home, where modern design seamlessly blends with classic charm to create a truly inviting space. Situated in a brilliant location, this freestanding gem offers bespoke features, designer touches, and a north-facing orientation that floods the interiors ...

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House

VIC 3183


48 Brighton Rd, Balaclava

$1,695,000

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Perfectly Preserved Art Deco

Welcome to 48 Brighton Road, Balaclava an exquisite corner property that effortlessly blends the timeless elegance of Art Deco architecture with modern upgrades, creating a harmonious living space. This immaculately presented home boasts a prime location with street frontage on both Brighton Road ...

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House

VIC 3183


39 Linton St, Balaclava

$1,580,000

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A Retro 80's Home with Modern Flair

Set on a spacious 260m approx. northwest and sunny allotment and enjoying the most convenient of cosmopolitan locations the crisp and clean accommodation is sure to impress with the 3 bedrooms, 2 living rooms and 2 bathrooms catering brilliantly for family living or alternatively a sensational ...

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House

VIC 3183


329 Inkerman St, Balaclava

$1,950,000

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Brand New Townhouse with seperate Studio - Completion July 2023

In conjunction with Gary Peer - Justin Reed A fresh new opportunity to enjoy Balaclava today's way will be delivered by this superb contemporary 'off the plan" residence currently under construction, pleasingly individual in character and defined by exceptional class, comfort and quality. The ...

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Townhouse

VIC 3183


4/5 Gourlay St, Balaclava

$650,000

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Comfort and convenience!

This first-floor apartment, situated within a secure-entry boutique complex, provides convenient access to a range of amenities. It's located just a short distance from Ripponlea Village, the bustling shops and cafes along Carlisle Streets, the picturesque William Street Reserve, and nearby train ...

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Unit

VIC 3183


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