OFF MARKET

1/577 Balcombe Road
Black Rock VIC 3193

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
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Property Details for 1/577 Balcombe Rd, Black Rock

1/577 Balcombe Rd, Black Rock is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
2014
Floor Size
78m2
Local Government
Bayside
Lot/Plan
1/PS708272

Last Listing description (March 2016)

As new, ground floor, North facing sunny apartment approx. 89sqm, with wrap around picturesque private garden approx.87sqm. Open plan indoor-outdoor entertaining in highly sought after locale; just metres to the Black Rock villages caf and shopping strip and across the road to the sandy beach.
Spacious two bedroom, two bathroom apartment, in boutique block of only 8, floor to ceiling windows, quality appointments, timber detailing and garden gate access, designed by award winning architects Moull Murray..
Energy efficient design with double glazed windows, LED lighting, fitted laundry, timber & carpet flooring, stone benchtops, two R/C air conditioners, one to the living area and one to the main bedroom, ceiling fans, intercom, instant hot water & basement parking with storage cage & bike rack. Plus public transport at the door.

Ideal for bayside locals looking for a low maintenance downsize into a lock and go apartment and with summer on the way for those not so local a perfect position for a sea-change. Also an investment opportunity for savvy investors wanting to buy into the Bayside boom.

Property History for 1/577 Balcombe Rd, Black Rock, VIC 3193

A timeline of how this property has performed in the market
Last Sold
$790,000
23 Nov 2015
  • 23 Nov 2015
    Sold for $790,000
  • 26 Aug 2015
    Listed for Sale $670,000- $720,000
  • 15 Apr 2013
    Sold for $760,000

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About Black Rock 3193

The size of Black Rock is approximately 3.2 square kilometres. It has 10 parks covering nearly 39.5% of total area. The population of Black Rock in 2011 was 5,944 people. By 2016 the population was 6,172 showing a population growth of 3.8% in the area during that time. The predominant age group in Black Rock is 40-49 years. Households in Black Rock are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Black Rock work in a professional occupation. In 2011, 78% of the homes in Black Rock were owner-occupied compared with 77.4% in 2016.

Black Rock has 3,461 properties. Over the last 5 years, Houses in Black Rock have seen a 21.33% increase in median value, while Units have seen a 14.07% increase. As at 31 October 2024:

  • The median value for Houses in Black Rock is $2,339,545 while the median value for Units is $1,145,818.
  • Houses have a median rent of $1,250 while Units have a median rent of $700.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Black rock on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Black rock.

Suburb Insights for Black Rock 3193

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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.