Is BALACLAVA a good suburb for positive geared property investment in Australia?

BALACLAVA in VIC currently features property rental yields up to 3.4% with a 12-month capital growth value of Up 16.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in BALACLAVA 3183?

The median house price in BALACLAVA 3183 is approximately $1,473,500 based on the latest tracked market indices.

Investment Spotlight • Australia

BALACLAVA 3183

State: VIC

Updated: 11 July 2026

PosiProp AI Investment Summary

BALACLAVA (VIC 3183) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Up 16.9%, with a median house buy price of $1,473,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,162,500

Up 7.6% 3.7% Yield

3 house • buy

$1,567,500

Up 12.0% 3.5% Yield

4 house • buy

$1,755,500

Up 27.2% 3.3% Yield

all house • buy

$1,473,500

Up 16.9% 3.4% Yield

Suburb Market Profile

Last month Balaclava had 60 properties available for rent and 34 properties for sale. Median property prices over the last year range from $1,473,500 for houses to $562,500 for units. If you are looking for an investment property, consider houses in Balaclava rent out for $900 PW with an annual rental yield of 3.4% and units rent for $575 PW with a rental yield of 5.4%. Balaclava has seen an annual compound growth rate of 16.9% for houses and -2.0% for units.

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