OFF MARKET

3 Francis Street
Balaklava SA 5461

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 135m2
Land area: 1661m2
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Property Details for 3 Francis St, Balaklava

3 Francis St, Balaklava is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1958. The property has a land size of 1661m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1958
Floor Size
135m2
Land Size
1661m2
Local Government
Wakefield
Lot/Plan
A575/F175895

Last Listing description (January 2024)

Not politically correct but perfectly practical this post war beauty is ready for a facelift and is ready for the new owner to lavish love and attention upon it.

Have you been fantasising about escaping the suburbs? Perhaps you are downsizing of acreage and could never imagine going to too small of an allotment?

Well located a lazy stroll from the centre of Balaklava is this generous town block of 1658m2 boasting this 1950's built solid brick residence in very original condition and order.

With very little by way of major improvements over the years, this home has been well maintained retaining many of the original features.

The kitchen is so old that it's back in fashion again with a lovely patina the laminex benchtops have been dutifully preserved by successive occupants.

Originally 2 bedrooms a third was built on the back so creating an additional room that would suit a multitude of purposes.

Storage is assured thanks to the extensive garaging and undercover area with high clearance making this a perfectly practical improvement that will be of great value for many years to come.

Some fresh paint here and some new flooring there would transform this home. With an update in the bathroom and improvements to the amenities, you would have a home that will serve you well whether you a seeking to live in or rent out.

Demand for rental properties in the area is at a historical high thanks to an abundance of local work opportunities and a lack of local home building over recent years.

Still under an hour from the city, this location is proving popular with owner occupiers and investors alike thanks to it strategically straddling the Clare Valley and Yorke Peninsulas spheres of activity.

A chance to perhaps fix up and profit or move in and make a home of your own, this property offers options aplenty on a large allotment with plenty of potential.

CT: 5616/731
Land Size: 1,658m (approx.)
House Size: 132m
Year Built: 1958
Zone: Neighbourhood
Council: Wakefield

RLA 232366

Property History for 3 Francis St, Balaklava, SA 5461

A timeline of how this property has performed in the market
Last Sold
$250,000
16 Sep 2022
  • 16 Sep 2022
    Sold for $250,000
  • 26 May 2022
    Listed for Sale $239,000-$259,000
  • 23 Dec 1998
    Sold for $60,000

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About Balaklava 5461

The size of Balaklava is approximately 112.1 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Balaklava in 2011 was 1,828 people. By 2016 the population was 2,055 showing a population growth of 12.4% in the area during that time. The predominant age group in Balaklava is 60-69 years. Households in Balaklava are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balaklava work in a labourer occupation. In 2011, 70% of the homes in Balaklava were owner-occupied compared with 70.8% in 2016.

Balaklava has 1,283 properties. Over the last 5 years, Houses in Balaklava have seen a 95.62% increase in median value, while Units have seen a 55.80% increase. As at 30 November 2024:

  • The median value for Houses in Balaklava is $361,395 while the median value for Units is $236,568.
  • Houses have a median rent of $360.
There are currently 5 properties listed for sale, and 1 property listed for rent in Balaklava on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Balaklava.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.