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Unit 1,
141 HOTHAM STREET Balaclava VIC 3183

This property is Off Market

All about Balaclava Homes for sale in Balaclava

The Average property price in this area is $1,134,653, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 2.03 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Belle Property UNIT 3, 88 GROSVENOR ST, $335,000 1 Beds - 1 Baths - 1 Parking Within 0.1 km Belle Property UNIT 12, 5B THE AVENUE, $580,000 - $620,000 2 Beds - 1 Baths - 1 Parking Within 0.3 km Belle Property UNIT G04, 356 CARLISLE ST, $430,000 - $460,000 1 Beds - 1 Baths - 1 Parking Within 0.4 km Woodards UNIT 18, 54 BALSTON ST, $320,000 - $350,000 1 Beds - 1 Baths - 1 Parking Within 0.5 km At Realty 1A ALBION ST, $1,400,000 - $1,500,000 4 Beds - 2 Baths - 1 Parking Within 0.6 km Belle Property UNIT 2, 81 HOTHAM ST, $675,000 2 Beds - 1 Baths - 1 Parking Within 0.6 km Belle Property UNIT 1, 30 BLENHEIM ST, $650,000 - $710,000 2 Beds - 1 Baths - 1 Parking Within 0.7 km Belle Property UNIT G01, 78 WESTBURY ST, $390,000 - $420,000 1 Beds - 1 Baths - 1 Parking Within 0.8 km

Recently Sold Properties in this Area

About St Kilda East

With an average age of 32, households expect an average monthly mortgage payment of $1,832 or a weekly rent payment of $358. The average family earns a weekly income of $2,374 with a typical household size of 2 and a 97.19% employment rate.

Consistent high demand relative to supply is a key feature in Balaclava driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Balaclava ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Balaclava classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Balaclava necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

Stop 37: Chapel Street tram

Stop 37: Carlisle Street tram

Stop 38: Balaclava Station tram

Stop 39: Carlisle Avenue tram

Stop 39: Orange Grove tram

Stop 40: Hotham Street tram

Stop 36: Brighton Road tram

Stop 37: Carlisle Street

General Points of Interest

Trinity College shopping

Como Centre monument

Admiral Creswell Memorial monument

William C.F. Almeida stadium

Melbourne Cricket Ground monument

The Cricketer's Bell monument

McKinnon Obelisk sport

Olympia Gymnasium monument

Centenary Bridge Pillar golf

Malvern Valley Public Golf Course

Population

(Country of Birth not stated 9%)

Are people healthy?

There are a recorded 1575 asthma sufferers and 468 people living with diabetes. In addition, 477 people have a heart/vascular condition and 900 people live with three or more chronic diseases.

A good place to invest in property?

St Kilda East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

70 / 100

52 / 100

Industry

47 / 100

17 / 100

Population

38 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

60 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Ripponlea Primary School Elwood College

Property Story

Unit 1, 141 Hotham Street, Balaclava, Vic, 3183 is a residential property . The estimated distance to the sea is 2.03km and at least 2.88KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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