Balaclava VIC 3183, Australia
Also written as Unit 2, 38 Elm Grove.
Based on curated rent estimate, web rent evidence, web value evidence.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 28 Oct 2022 Sold by McGrath Brighton | $455,000 | — |
| Sale | 28 Oct 2022 Listed in building profile; discrepancy with $455k figure | $475,000 | — |
| Sale | 17 Jan 2014 Sold by Jellis Craig Port Melbourne | $435,000 | — |
| Sale | 19 Nov 2010 | $427,000 | — |
| Sale | 20 Dec 2009 Sale by LJ Hooker – Greensborough | $406,000 | — |
| Sale | 31 Mar 2007 | $355,000 | — |
| Event | Date | Weekly rent |
|---|---|---|
| Lease | 14 May 2021 Listed by Your Property Manager | $300/week |
2/38 Elm Grove is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 431 m², built around 1960
The suburb is served by Balaclava railway station on the Sandringham line, tram routes 3 and 16 along Carlisle Street and route 78 along Chapel Street, and bus routes 216 and 219 on Hotham Street
En.wikipedia.orgBalaclava had a population of 5,392 at the 2021 census
En.wikipedia.orgWithin a few hundred metres there is Brinsmeads Pharmacy, the Attica restaurant, Golds World of Judaica store, and the Balaclava Post Office
2/38 Elm Grove is listed as Apartment in Balaclava, VIC
2/38 Elm Grove includes Sold for $455,000 on 28 Oct 2022
The calculated market estimate is $465,000, the calculated weekly rent is $528 per week, and the indicative gross yield is 5.9%
2/38 Elm Grove has a recorded sale at $455,000 on 28 Oct 2022
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