Balaclava Real Estate Agents and Balaclava Property Management
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Are you looking for a property in Balaclava?
The friendly team at Pride Real Estate are your local and trusted real estate agents in the Balaclava and surrounding bayside areas including St Kilda, Elwood, Middle Park and Elsternwick. If you are looking to buy, sell or rent in Balaclava our real estate team will be happy to assist you. We also provide Balaclava property management services.
Property Prices 12 months to March 2011
The Balaclava area is highly sought after for buying property. The median price for a house in Balaclava is $1,050,000 with an annual increase in value of roughly 9.8%.
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HOUSES |
UNITS |
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Balaclava |
LGA Port Phillip |
Balaclava |
LGA Port Phillip |
| Median Prices |
$863,000 |
$900,000 |
$451,000 |
$500,000 |
| Long Term Trend |
13.0% |
9.8% |
7.6% |
6.3% |
| Auction Clearance Rates |
74% |
69% |
63% |
69% |
| Days on Market |
37 days |
50 days |
43 days |
73 days |
| Discounting |
- |
7% |
- |
6% |
Balaclava - Suburb Overview
Located in the City of Port Phillip and only 6km from the CBD with a population of nearly 17,400, Balaclava has become a highly sought after place to live, due to its proximity to the city and vicinity to the nearby cafe, bar and beach cultures of St Kilda and Elwood.
Balaclava has a substantial number of restaurants, bars and cafes and is part of the vibrant cosmopolitan culture of the bayside region.
Balaclava residents are also close to amenities including restaurants, cafes and clubs in St Kilda to the west, the shopping districts along Chapel St to the north in Prahran and South Yarra, easy access to Elwood beach and Elsternwick to the south and Caulfield's main shopping hubs to the east.
Call Pride Real Estate for your Balaclava Real Estate enquiries and for Balaclava Property Management Services. |
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Residential Properties