SOLD
Sold on 16 Jan 2024 for $620,000

8/16 The Avenue
Balaclava VIC 3183

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 582m2
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Nicole Prime
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Rachael O'Connor
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Property Details for 8/16 The Avenue, Balaclava

8/16 The Avenue, Balaclava is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 582m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Townhouse sold in Balaclava in the last 12 months.

Building Type
Townhouse
Year Built
1970
Floor Size
72m2
Land Size
582m2
Local Government
Port Phillip
Lot/Plan
8/PS743058

Last Listing description (April 2024)

Privately nestled to the rear of a refurbished complex, this first-floor apartment features generous interiors, a contemporary finish and sunny alfresco appeal in a location prized for its proximity to the lifestyle sets of Carlisle Street and Ripponlea Village.

- Spacious and versatile open-plan living and dining areas
- North-facing alfresco terrace bathed in beautiful sunshine

- Low-profile stone kitchen with gas cooking and dishwasher
- Both double bedrooms come fitted with mirrored built-ins
- Good-sized master bedroom boasts its own private ensuite
- Combined shower/bath and laundry zone in bathroom
- Secure off-street parking, air conditioning, security intercom
- Walk to buses, trams and train stations (Ripponlea and Balaclava)
- Stroll to the tranquil surrounds of Greenmeadows Gardens
- Close to an array of local shops, cafes and restaurants

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Property History for 8/16 The Avenue, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$620,000
16 Jan 2024
Listed for Rent
$520/w
10 Jul 2019
  • 16 Jan 2024
    Sold for $620,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 18 Dec 2019
    Listed for Rent - Price not available
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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.

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Nicole Prime
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Rachael O'Connor
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