39 Railway Tce, Balaklava is a 2 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 2023m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Quaint 2 or 3 bedroom freestone cottage and the main structure of the home is in reasonably good condition. The wet areas need to be renovated but you could finish up with a lovely home on a great sized block. There is ample rainwater storage with an underground tank and an old well. The large back yard is virtually a blank canvas. Get in quick as this is a very unique home and or development potential in a price range that will sell in no time. This represents a tremendous opportunity to get into to real estate market at an extremely affordable price.
Any development would be subject to normal council consents.
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 98.08% increase in median value, while Units have seen a -17.33% decrease. As at 31 October 2024:
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