SOLD
Sold on 25 May 2024 for $505,000

6/51 Gourlay Street
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 475m2
Sold By
Abercrombys
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Property Details for 6/51 Gourlay St, Balaclava

6/51 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 475m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
70m2
Land Size
475m2
Local Government
Port Phillip
Lot/Plan
6/RP18566

Last Listing description (June 2024)

At a glance

* Bright and renovated apartment in small group of only six
* Generous light-filled proportions, modern kitchen

* Ideal first home, or astute investment in ideal location
* Close to Carlisle Street cafes, Close to Elwood and St Kilda

Abode

Amidst popular shopping precincts, this well-positioned second floor apartment boasting spacious interiors full of natural light ticks all the boxes for those searching for their first home or as an addition to their property portfolio. Its interiors reveal a generous living room with ample light, a stylishly renovated kitchen featuring, dishwasher, ample storage and adjoining dining area. Its two inviting bedrooms each feature fitted robes, and its central bathroom is equipped with laundry facilities. Also features split system heating/cooling, and off-street parking.

Area

Ideally situated in a small block of units, convenient to Carlisle Street's vibrant shops and restaurants, Caulfield Park, bayside beaches, Ripponlea Train Station and both Balaclava Rd and St Kilda Road trams.

Property History for 6/51 Gourlay St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$505,000
25 May 2024
Listed for Rent
$375/w
09 Mar 2022
  • 25 May 2024
    Sold for $505,000
  • 17 Apr 2024
    Listed for Sale Under Offer
  • 01 Mar 2022
    Listed for Rent $375 / 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 3,614 properties. Over the last 5 years, Houses in Balaclava have seen a 17.53% increase in median value, while Units have seen a 5.54% increase. As at 31 August 2024:

  • The median value for Houses in Balaclava is $1,453,554 while the median value for Units is $590,351.
  • Houses have a median rent of $913 while Units have a median rent of $500.
There are currently 1 property listed for sale, and 2 properties listed for rent in Balaclava on OnTheHouse. According to CoreLogic's data, 150 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.