BALACLAVA 3183
State: VICPosiProp AI Investment Summary
BALACLAVA (VIC 3183) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Down -2.2%, with a median house buy price of $1,350,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,117,500
$1,565,000
$1,862,500
$1,350,000
Suburb Market Profile
Last month Balaclava had 56 properties available for rent and 38 properties for sale. Median property prices over the last year range from $1,350,000 for houses to $565,000 for units. If you are looking for an investment property, consider houses in Balaclava rent out for $920 PW with an annual rental yield of 3.1% and units rent for $550 PW with a rental yield of 5.3%. Balaclava has seen an annual compound growth rate of -2.2% for houses and 0.9% for units.