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3/5A The Avenue, Balaclava$570,000
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3/5A The Avenue

Balaclava, VIC 3183, Australia
$570,000
2 bed 1 bath 1 car

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About this property

Nestled in a peaceful pocket, this captivating Art Deco ground floor apartment offers a perfect balance of tranquillity and vibrant inner-city living. Brimming with personality and warmth, it combines generous proportions with easy everyday comfort. Beyond its classic period façade, the residence opens to bright and airy interiors, where high ceilings and beautifully polished timber floors create an immediate sense of elegance and space. The expansive living and dining area provides a welcoming setting for relaxing evenings or entertaining guests with ease. The accommodation comprises two spacious bedrooms, both designed for comfort and versatility. The main bedroom is fitted with substantial built-in storage, while the second bedroom enjoys calming leafy outlooks that enhance its peaceful atmosphere. A stylishly refreshed kitchen and centrally positioned bathroom blend contemporary convenience with enduring Art Deco appeal. Further features include access to a large private courtyard perfect for alfresco dining or outdoor enjoyment, an inviting entrance hall, solid brick construction for exceptional peace and quiet, internal laundry amenities, and secure off-street car parking. Ideally located, the apartment is just moments from the greenery of Alma Park, public transport along Carlisle Street, and Balaclava railway station. Enjoy close proximity to some of Melbourne's most popular lifestyle destinations, including Chapel Street, Carlisle Street, and Ripponlea Village, all offering an outstanding selection of cafés, restaurants, and boutique shopping. A unique opportunity to secure a home that effortlessly combines character, privacy, and lifestyle appeal, perfect for first-home buyers, investors, or those seeking a low-maintenance downsizing option.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Listed
1 month ago

Repayment calculator

$2,763/month
$1,382 /fortnight
Loan $456,000 at 6.10% over 30 years

Upfront costs

Deposit$114,000
Stamp duty$29,270
Conveyancing (est.)$2,000
Total upfront$145,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Balaclava

This 2-bedroom apartment in Balaclava, VIC 3183 sits within reach of public transport, local shops local amenities. It is listed 22% below the $735,000 median of 48 comparable apartmentswithin 5 km.

What's nearby

  • Balaclava 2 (train)190 m away
  • Yori Automotive202 m away
  • William Street Reserve122 m away
  • Burnett Gray Gardens515 m away
  • Hewison Reserve568 m away

Balaclava at a glance

Full suburb profile
Population
5,392
Median age
35
Household income
$2,026/wk
Median rent
$386/wk
Median mortgage
$2,223/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Balaclava price trend

Median sold · Unit 2 bed

Compound growth -1.7% / yr over 4 yrs

$600kcurrent median

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