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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 $1,250,000 and this has changed -7.41% over the past year and changed -10.72% over 2 years.

The median rent in Balaclava for houses is $900 per week and the median rental yield is 3.74%. Stock on the market for houses/townhouses has changed -12.50% compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is $540,000 and this has changed -0.92% over the past year. The average unit takes 56 days to sell and the median rent for a unit in Balaclava is $525 per week, producing a rental yield of 5.05%.

Supply & Demand in Balaclava, Port Phillip

1.47%

Current vacancy rate


47

Rental stock available


5,394

Population


44.72%

Rental population


1.64%

Current vacancy rate


874

Rental stock available


100,866

Population


43.19%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,250,000 $1,050,000 $540,000
Median price change - last quarter -7.11% 0.00% -4.55%
Median price change - 1 year -7.41% 12.90% -0.92%
Median price change - 2 years -10.72% NA 2.85%
  House Townhouses Units
Median weekly rent $900 $950 $525
Median yield % 3.74% 4.70% 5.05%
Median rent change - 1 year 2.85% -3.07% 6.06%
  House Units
Previous month sales 4 8
Stock on market previous month 14 28
Stock variance vs. last year -12.50% -3.45%
Average days on market 43 56

Balaclava investment property listings

Showing 5 of 31 investment properties found in Balaclava on realestateinvestar.com.au

24A Sycamore Grove, Balaclava

$1,650,000

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Modern living with a cosmopolitan lifestyle!

Capturing an enviable inner urban lifestyle in the heart of Balaclava, this modern street fronted townhouse delivers generous proportions, abundant natural light & fabulous indoor-outdoor appeal. Australian Red Hardwood flooring flows from the entrance hallway with storage through to the open plan ...

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Townhouse

VIC 3183


34 Camden St, Balaclava

$1,300,000

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Treasured Victorian exquisitely transformed

Positioned in a tightly held pocket, this fully rebuilt Victorian delivers a rare combination of three-bedroom, two-bathroom accommodation & architectural livingoffering true turnkey quality, with Balaclava's buzzing wine-bar & café scene just metres away. Behind a private full-height picket fence ...

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House

VIC 3183


143 Hotham St, Balaclava

$1,450,000

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A Rare Balaclava Opportunity on 592sqm

Set on a substantial allotment of approximately 592sqm, this property presents an increasingly rare opportunity to secure prime land in one of Balaclava's most sought-after pockets. With no Heritage Overlay in place, the property offers exciting scope to restore or renovate the existing home, ...

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House

VIC 3183


7/31 The Ave, Balaclava

$1,150,000

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Contemporary living in a vibrant lifestyle location

Securely positioned within a boutique gated collection of seven architecturally designed townhouses, this multi-level residence epitomises superb contemporary living, matched by its ultra convenient location. With secure ground level entry & the added options of private access via rear ROW, it ...

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Townhouse

VIC 3183


103/105 Westbury St, Balaclava

$675,000

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A lifestyle of luxury in a boutique block

In a boutique development with quality finishes, this spacious apartment offers easy living & a vibrant lifestyle. Welcomed by warming Oak wood floors that feel solid underfoot, this bright home boasts an open plan living zone, overlooked by sleek stone kitchen with a full suite of Miele ...

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Unit

VIC 3183


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