4 Albion St, Balaclava is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 533m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in June 2011.
Regal renovation opportunity with significant investment appeal
Proudly exhibiting proportions of yesteryear, this substantial period residence is deserving of restoration, renovation and/or extension (subject to council approval). Gabled and rendered facade with verandah greets the quiet and convenient street. Ornate deco ceilings, beautiful leadlight doors, timber panelled walls and fireplace grace the now tired interior. Large living room adjoining dining room, huge main bedroom, second bedroom with sunroom and third with timber floors, bathroom with separate toilet and rustic kitchen with pantry comprise a functional floor plan. Off street parking, garage, private back yard and great location within minutes of trams, trains, shops and schools provide motivation for rolling sleeves up and reaping rewards.
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:
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