OFF MARKET

4/11 Albion Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 968m2
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Property Details for 4/11 Albion St, Balaclava

4/11 Albion 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 968m2 and floor size of 72m2.

Building Type
Unit
Year Built
1960
Floor Size
72m2
Land Size
968m2
Local Government
Port Phillip

Last Listing description (November 2023)

Filled with sun and mid-century charm, this oversized 2-bedroom apartment is the perfect first home or investment with strong yield.
Take advantage of an outstanding lifestyle, within walking distance to Ripponlea's fine dining precinct, Carlisle Street cafes and shops, St Kilda Botanical Gardens and the city/beach train or tram.
Nestled on the ground level of 'Karingale', a well-maintained solid brick group of low-rise apartments in a quiet, tree-lined street.

A west-facing living area captures the sun all day long and a bright, supersized kitchen has been updated with practicality in mind including a vintage 50s servery.
Both bedrooms are graced with built-in storage, main with a wall of robes, and picture windows looking out to leafy surroundings.
The retro bathroom is neat and tidy with laundry facilities plus enjoy the comfort off-street parking for one car and a large shared storage space.
On the border of Ripponlea, this location, like the apartment itself, is one of Melbourne's hidden treasures.

Property History for 4/11 Albion St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
  • 04 Oct 2023
    Listed for Sale Private Sale: $525,000 - $575,000
  • 09 Aug 2014
    Listed for Sale $430,000 - $470,000
  • 27 Jan 1996
    Listed for Sale WELL PRICED AT $94,500

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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 3,611 properties. Over the last 5 years, Houses in Balaclava have seen a 22.25% increase in median value, while Units have seen a 4.73% increase. As at 31 July 2024:

  • The median value for Houses in Balaclava is $1,450,295 while the median value for Units is $584,405.
  • Houses have a median rent of $890 while Units have a median rent of $515.
There are currently 1 property listed for sale, and 2 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 152 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.