OFF MARKET

8 Verco Street
Balaklava SA 5461

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 1280m2
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Property Details for 8 Verco St, Balaklava

Building Type
Land
Year Built
1880
Land Size
1280m2
Local Government
Wakefield
Lot/Plan
A466/F175786

Last Listing description (August 2014)

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.

Property History for 8 Verco St, Balaklava, SA 5461

A timeline of how this property has performed in the market
Last Sold
$145,000
16 Jan 2018
  • 16 Jan 2018
    Sold for $145,000
  • 14 Aug 2014
    Sold for $105,000
  • 20 Feb 2014
    Listed for Sale REDUCED TO $110,000 VENDOR MOTIVATED TO SELL.

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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 1,282 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:

  • The median value for Houses in Balaklava is $357,941 while the median value for Units is $246,953.
  • Houses have a median rent of $400.
There are currently 4 properties listed for sale, and 1 property listed for rent in Balaklava on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Balaklava.

Suburb Insights for Balaklava 5461

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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.