Apartment

2/7 Gourlay Street

Balaclava VIC 3183, Australia

2 Bedrooms

1 Bathrooms

1 Parking

$460,000 Last sale (2025)

About this property

2/7 Gourlay Street is in Balaclava, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom, 1 parking space. Price: $517,000. The estimated market value is $460,000 and the estimated weekly rent is $540 per week

Key details

Locality: Balaclava
State: VIC
Coordinates: 37.872423 / 144.995101
GNAF PID: GAVIC410792532
Legal parcel ID: 2\SP34052
Remoteness area: Metro
Property type: Apartment
Bushfire risk: None detected
Flood risk: Present
Heritage overlay: None detected
Land Use Category: Residential

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent

$540

Expected property value

$460,000

Estimated yield

6.1%

Confidence

Medium

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	20 Mar 2025 Sold by Besser & Co. Estate Agents.	$460,000	—
Sale	6 Feb 1990 Original purchase	$78,000	—

Property insights

Property Features

Ground‑floor unit with private entrance Besserco.com.au
One secured garage/carport space
Gas heating, intercom and secure door entry
Ground floor unit
1 Secured garage/carport space
Gas heating, intercom security, secure door entry
High confidence market valuation $517,000
Flood overlay – Special Building Overlay Schedule 1
Owner‑occupier 70%, rented 30%

Recorded sales and leasing agents

Agency: Besser & Co. Estate Agents, 153 Carlisle Street, Balaclava VIC 3183 Besserco.com.au
Listing agents: Dion Besser (mobile 0412 556 443) and Jodie Jacobson (mobile 0499 739 766)
Property sold by Besser & Co. Estate Agents on 20 Mar 2025 for $460,000 (private treaty)

Recorded sale agency (2025 sale): Besser & Co. Estate Agents recorded for the 2025 sale 153 Carlisle Street, Balaclava VIC 3183
Recorded listing contacts: Dion Besser 0412 556 443 Jodie Jacobson 0499 739 766

Building profile

2/7 Gourlay Street is a two‑bedroom, one‑bathroom ground‑floor apartment in a low‑rise brick building of six units at 7 Gourlay Street, Balaclava Besser & co. estate agents Besser & Co. website

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

30%

Renter-occupied

70%

Area insights

The surrounding precinct places civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Balaclava Station railway station on the Sandringham line; 0.5 km away
Brinsmeads Pharmacy local pharmacy; 0.4 km away
Attica contemporary restaurant; 0.4 km away
Ripponlea railway station in Balaclava/Ripponlea, Melbourne, Victoria, Australia; 0.3 km away
Balaclava Post Office post office in Port Phillip City, Victoria, Australia; 0.4 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Buxton - Bentleigh

Gary Peer & Associates (St Kilda) - ST KILDA

Jellis Craig - Richmond

Jellis Craig - Albert Park

Kay & Burton - Stonnington

Buxton - Stonnington

OBrien Real Estate Bentleigh

RT Edgar

OBrien Real Estate Chelsea & Seaford

McGrath St Kilda

BigginScott - Stonnington

RT Edgar - Glen Eira

McGrath - South Yarra

RT Edgar - Elwood

Woodards - ELSTERNWICK

Anna Grace Real Estate - BRIGHTON

Property Now - BRISBANE CITY

Royston Property

BigginScott - St Kilda / Elwood

@ Realty - Bobby Cvetkovic

Halfapercent Real Estate in Conjunction With Noble House - St Kilda

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

The Avenue Children's Centre and Kindergarten - Enquiries Go Through City of Port Phillip

0.1 km

Szalmuk Family Early Learning Centre

0.4 km

Mercedes Dadon Creche

0.4 km

Adass Israel School - Glen Eira Road Campus

0.5 km

Combined school | Independent

Yeshivah Beth Rivkah Pre-School 3

0.5 km

Yeshivah and Beth Rivkah Colleges

0.6 km

Combined school | Independent

Eden Academy Elwood

0.6 km

Caulfield Grammar School

0.7 km

Secondary school | Independent

Ripponlea Primary School

0.7 km

Primary school | Government

Kimmba Bilingual Early Learning Centre

0.7 km

St Kilda & Balaclava Kindergarten - Operating Long Day Care Model

0.8 km

St Kilda Primary School

0.8 km

Primary school | Government

Goodstart Early Learning Elwood

0.8 km

Little Lane Early Learning Centre - St Kilda

0.9 km

Bubup Nairm Children's Centre - Enquiries Go Through City of Port Phillip

0.9 km

Melbourne Grammar School - Grimwade Campus

1.0 km

Combined school | Independent

Sholem Aleichem College - Senior Campus

1.1 km

Primary school | Independent

Sholem Aleichem College

1.1 km

Primary school | Independent

Yesodei Hatorah College

1.2 km

Caulfield Grammar School - Shelford Campus

1.3 km

Combined school | Independent

* Approximate straight-line distances

Frequently asked questions

How many bathrooms are in the unit?

The unit includes one bathroom

Which tram stop is closest to the property?

Balaclava Station on the Sandringham railway line is the nearest public transport stop, approximately 0.5 km away

How many bedrooms does the unit have?

The apartment has two bedrooms

What parking is provided?

One secured garage/carport space is included with the apartment

What type of internet connection is available?

The property is serviced by Hybrid Fibre Coaxial (HFC) NBN with speeds up to 1 Gbps download and 50 Mbps upload

Where is the nearest pharmacy?

Brinsmeads Pharmacy is located about 0.4 km from the property

What kind of property is this?

2/7 Gourlay Street is listed as Apartment in Balaclava, VIC

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

2/7 Gourlay Street is described with 2 bedrooms, 1 bathroom, 1 parking space

Related profiles

Jump to the related profiles for this address.

Suburb profile

Balaclava

Browse the suburb profile, property mix, and related area data.

View suburb profile

Street profile

Gourlay Street

See the street-level property page and compare nearby listings.

View street profile