Great location, development potential (with council consent) on a great sized block of approx 1064 m2
There are plenty of options with this stone cottage home set on a huge centrally located allotment. The home itself needs renovating but the basics are there including updated bench and cupboard, as new stove, rangehood and vinyl floor covering in the large kitchen. There are two bedrooms and a lounge with extra two bedrooms rooms off the courtyard style back veranda. The yard consist of various shedding including a newer garage/shed with good access from the street. The size and configuration of the block is a huge bonus if you are considering development and the location to the main street is almost
unbeatable. Get in quick, properties in this price bracket wont last long.
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 1,282 properties. Over the last 5 years, Houses in Balaklava have seen a 74.52% increase in median value, while Units have seen a -18.74% decrease. As at 30 September 2024:
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