SOLD
Sold on 10 Jul 2024 for $575,000

1/40 Gourlay Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 463m2
Sold By
Buxton St Kilda
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Property Details for 1/40 Gourlay St, Balaclava

1/40 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 463m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
58m2
Land Size
463m2
Local Government
Port Phillip
Lot/Plan
10A/PS401125

Last Listing description (July 2024)

1/40 Gourlay St, Balaclava-a beautifully updated ground-floor apartment offering the perfect blend of comfort, convenience, and modern living. Ideal for first-time home buyers, downsizers, or savvy investors, this property promises a lifestyle of ease and enjoyment.

The entire apartment has been freshly painted, providing a bright and inviting atmosphere throughout. Brand new carpet in both bedrooms adds a touch of luxury and warmth. The spacious open-plan kitchen and living area is perfect for both relaxation and entertaining.

Two large bedrooms, each with ample natural light, offer leafy views of the private courtyard. The large private courtyard is perfect for alfresco dining, gardening, or simply unwinding. Separate bathroom and laundry facilities enhance the convenience of the home.

A single undercover secure car space ensures peace of mind for your vehicle. Situated in the vibrant community of Balaclava, you're just moments away from all amenities and shops. Enjoy easy access to local cafes, restaurants, public transport, and schools.

This apartment is more than just a place to live-it's a lifestyle choice. Don't miss out on this opportunity to secure a stylish and comfortable home in one of Melbourne's most sought-after suburbs.

Property History for 1/40 Gourlay St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$575,000
10 Jul 2024
Listed for Rent
$550/w
15 Aug 2023
  • 10 Jul 2024
    Sold for $575,000
  • 19 Jun 2024
    Listed for Sale Private Sale: $550,000 - $600,000
  • 20 Jun 2023
    Listed for Rent $550 / week
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About Balaclava 3183

The size of Balaclava is approximately 0.8 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Balaclava in 2011 was 5,382 people. By 2016 the population was 5,404 showing a population growth of 0.4% in the area during that time. The predominant age group in Balaclava is 30-39 years. Households in Balaclava are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a professional occupation. In 2011, 42.8% of the homes in Balaclava were owner-occupied compared with 43.4% in 2016.

Balaclava has 3,570 properties. Over the last 5 years, Houses in Balaclava have seen a 3.98% increase in median value, while Units have seen a 0.93% increase. As at 31 October 2024:

  • The median value for Houses in Balaclava is $1,391,409 while the median value for Units is $589,301.
  • Houses have a median rent of $763 while Units have a median rent of $525.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

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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.