SOLD
Sold on 18 Aug 2024 for $508,000

1/51 Gourlay Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 475m2
Sold By
Wilson Glen Eira
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Property Details for 1/51 Gourlay St, Balaclava

1/51 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 475m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
67m2
Land Size
475m2
Local Government
Port Phillip
Lot/Plan
1/RP18566

Last Listing description (August 2024)

Fully refurbished and flawlessly presented with easy-care interiors, this light filled ground floor Strata apartment makes for a fantastic first home or investment option enhanced by its brilliant location between Ripponlea Village and Carlisle Street.Generously spaced open-plan living and dining areas, modern kitchen featuring gas appliances and ample storage. Both spacious bedrooms feature built-in robes and leafy outlooks, stylish bathroom with laundry provisions, heating, allocated off-street parking, intercom entry and all this in a boutique block of just 6.Around the corner to leafy Greenmeadows Gardens, close to multiple tram routes and train stations, and just a stroll to the vibrant shops, cafs and amenities of Ripponlea Village and Carlisle Street.

Property History for 1/51 Gourlay St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$508,000
18 Aug 2024
  • 18 Aug 2024
    Sold for $508,000
  • 19 Jul 2024
    Listed for Sale $430,000 - $473,000
  • 10 Jul 2004
    Sold for $237,000
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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 5 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 151 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.