SOLD
Sold on 28 Jul 2024 for $545,000

11/42 The Avenue
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 1063m2
Sold By
Gary Peer & Associates St Kilda
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Property Details for 11/42 The Avenue, Balaclava

11/42 The Avenue, Balaclava is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1063m2 and floor size of 68m2. 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
1970
Floor Size
68m2
Land Size
1063m2
Local Government
Port Phillip
Lot/Plan
11/RP3105

Last Listing description (July 2024)

A location constantly in demand for its lifestyle appeal & investment potential complements this first floor apartment. Brilliantly located for a vibrant convenient lifestyle, in a sought-after pocket of Balaclava, this securely located home presents a fabulous entry into the market for owner-occupiers or a great portfolio asset for savvy investors. A carpeted entrance hallway with storage greets you on arrival & delivers a generously proportioned naturally light-filled living room with access to a sunny covered entertainer's balcony. Across the hallway, a light & bright well-appointed kitchen with updated stainless-steel appliances (including dishwasher), an abundance of storage & space for meals area, enjoys a gorgeous green outlook. Also featuring two good sized bedrooms with built-in robes & a central bathroom with bath, shower, laundry facilities & separate toilet. Other features include split system heating/cooling, secure intercom entry & off-street parking for one car. Ideally situated within easy walking distance to cosmopolitan Carlisle Street's shopping, cafes & nightlife & a choice of transport options.

Property History for 11/42 The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$545,000
28 Jul 2024
Listed for Rent
$350/w
08 Jul 2021
  • 28 Jul 2024
    Sold for $545,000
  • 02 Jul 2024
    Listed for Sale Not Disclosed
  • 10 Mar 2021
    Listed for Rent $350 / 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 3,620 properties. Over the last 5 years, Houses in Balaclava have seen a 1.14% increase in median value, while Units have seen a -7.22% decrease. As at 28 February 2025:

  • The median value for Houses in Balaclava is $1,435,090 while the median value for Units is $572,790.
  • Houses have a median rent of $698 while Units have a median rent of $545.
There are currently 9 properties listed for sale, and 6 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 liability for any loss or damage arising in connection with the data and information contained in this publication.