OFF MARKET

5/16 The Avenue
Balaclava VIC 3183

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 5/16 The Avenue, Balaclava

5/16 The Avenue, Balaclava is a 1 bedroom, 1 bathroom Unit and was built in 1970. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1970
Local Government
Port Phillip
Lot/Plan
5/PS743058

Last Listing description (December 2021)

** In line with current Government restrictions, we advise open for inspections are open to fully vaccinated patrons only. Density quotients will apply. Should you not be fully vaccinated we can assist with a private inspection appointment. Please contact the Agent for further information should you wish to arrange a private appointment **

Enjoy a slice of light and bright renovated ease in this super spacious 1 bedroom 1st floor security apartment.

At the end of the walkway of this refurbished block giving exclusive use of the walkway to use as your own balcony, this inviting retreat enjoys chic stone kitchen with panoramic window looking out to the world and Euro stainless steel appliances, a generous living & dining area, a beautiful bedroom with BIRs and striking feature wall, a radiant stone bathroom with bath and European laundry.

Perfect to live in or let out, this blissful abode has plenty of natural light and features a security intercom, keyless entry, R/C air conditioning, a ceiling fan, double blinds, track lighting and secure undercover parking.

Footsteps to Carlisle Street shops and cafes, Balaclava station and the tram with the delightful William Street Reserve at the end of the street.

Modern and light
Very secure with keyless entry
Undercover parking
A heartbeat to the Carlisle Street action
Walk to train, tram and bus services

Property History for 5/16 The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$410,000
24 Nov 2021
  • 24 Nov 2021
    Sold for $410,000
  • 08 Oct 2021
    Listed for Sale Contact Agent
  • 26 Nov 2016
    Sold for $380,000

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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.