SOLD
Sold on 28 Jan 2024 for $565,000

4/86 Grosvenor Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 560m2
Sold By
Flare Real Estate
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Property Details for 4/86 Grosvenor St, Balaclava

4/86 Grosvenor St, Balaclava is a 2 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 560m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
70m2
Land Size
560m2
Local Government
Port Phillip
Lot/Plan
4/PS600484

Last Listing description (February 2024)

This modern boutique apartment is a standout option for both first-time homeowners and investors looking for a property in a location that's the epitome of convenience.

The spacious open-plan living and dining flows fluidly into the kitchen featuring durable stone benchtops paired with Blanco appliances, including a dishwasher. The thoughtful addition of a breakfast bar provides a casual eating or workspace option, subtly dividing it from the living area without compromising the feeling of openness.

Step out onto the expansive full-length balcony that provides an extra dimension to the interior. Ideal for entertaining and quiet moments of relaxation, the balcony is also directly accessible from one of the two bedrooms.

Centrally situated between the two bedrooms (BIRs), the bathroom is appointed with a practical shower-over-the-bath setup, a vanity, and a separate toilet with a hand basin. Additional amenities include a basement parking space, storeroom with electrical outlets, split-system air conditioning, laundry facilities, and secure intercom entry system. Honey-toned floorboards add not only a stylish touch but also a sense of warmth.

Located enviably close to Ripponlea Village and Station, Carlisle Street's vibrant cafe scene, buses and trams, Greenmeadow Gardens, St Kilda Botanical Gardens, Ripponlea Estate and the beach, the unbeatable position is a major draw.

Property History for 4/86 Grosvenor St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$565,000
28 Jan 2024
Listed for Rent
$490/w
06 Aug 2018
  • 28 Jan 2024
    Sold for $565,000
  • 13 Oct 2023
    Listed for Sale Not Disclosed
  • 28 Jun 2018
    Listed for Rent $490 / 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 3,618 properties. Over the last 5 years, Houses in Balaclava have seen a 4.41% increase in median value, while Units have seen a -2.83% decrease. As at 30 November 2024:

  • The median value for Houses in Balaclava is $1,460,961 while the median value for Units is $589,351.
  • Houses have a median rent of $715 while Units have a median rent of $525.
There are currently 1 property listed for sale, and 8 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 154 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.