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Apartment

5/40 Sycamore Grove

Balaclava VIC 3183, Australia

1 Bedrooms
1 Bathrooms
1 Parking
421 m² Land size
- Internal area
$345,000 Last sale (2024)

About this property

yardizepropertyrecord

5/40 Sycamore Grove is a first‑floor one‑bedroom, one‑bathroom apartment with a single allocated car space. It forms part of a low‑rise boutique block of six units situated on a 421 m² lot in Balaclava, inner‑south‑east Melbourne. The unit offers a separate kitchen with gas appliances, a good‑sized double bedroom with built‑in robes, air‑conditioning, a security intercom and laundry facilities within the kitchen.

The location provides easy access to Greenmeadows Gardens, multiple tram routes and nearby train stations, as well as the local shopping precincts on Carlisle Street. The property sold for $345,000 on 22 Nov 2024

Also written as Unit 5, 40 Sycamore Grove.

Key details

Locality
Balaclava
State
VIC
Coordinates
37.874044 / 144.996005
GNAF PID
GAVIC410792640
Legal parcel ID
5\PS437949
Remoteness area
Metro
Property type
Apartment
Unit land size
421 m²
Unit internal area
-
Mobile coverage
5G
Bushfire risk
None detected
Flood risk
Present
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$485
Expected property value
$388,750
Estimated yield
6.49%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
22 Nov 2024
Listed 17 Jun 2024 for $395k; sold after 158 days on market.
$345,000
Sale
29 Jan 2008
$318,333
Sale
2 Mar 2000
$100,405

Rental history

EventDateWeekly rent
Lease
12 Dec 2024
Listed 03 Dec 2024, 9 days on market.
Lease
13 Dec 2021
Lease
20 Dec 2019

Property insights

Property Features

  • Separate kitchen/meals area with gas appliances Homely.com.au
  • Good‑sized double bedroom with built‑in robes
  • Combined shower/bath, security intercom, air‑conditioning, laundry facilities in kitchen
  • Allocated off‑street parking behind an auto‑gate
  • Separate kitchen/meals with gas appliances
  • Peaceful first‑floor setting
  • Close to Greenmeadows Gardens, tram routes, train stations and local shopping
  • Strong demand for 1‑bed units in Balaclava (median $383,250)

Recorded sales and leasing agents

Recorded sale agency (2024 sale)
McGrath Brighton recorded for the 2024 sale
Recorded listing contacts
Josh Stirling 0432 071 806 Josh Stirling 0432 071 806

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:
Adass Israel School - Glen Eira Road Campus
0.4 km
Combined school | Independent
Mount Scopus Memorial College
11.1 km
Combined school | Independent
Yeshivah and Beth Rivkah Colleges
0.7 km
Combined school | Independent
Caulfield Grammar School
0.8 km
Secondary school | Independent
Yeshivah and Beth Rivkah Colleges
0.7 km
Combined school | Independent
St Kilda Primary School
0.8 km
Primary school | Government
Ripponlea Primary School
0.8 km
Primary school | Government
Sholem Aleichem College - Senior Campus
1.0 km
Primary school | Independent
Sholem Aleichem College
1.1 km
Primary school | Independent
Yesodei Hatorah College
1.1 km
Elwood Primary School
1.2 km
Primary school | Government
Melbourne Grammar School - Grimwade Campus
1.2 km
Combined school | Independent
Elwood College
1.3 km
Secondary school | Government
Adass Israel School - Orrong Road Campus
1.4 km
Combined school | Independent
Caulfield Grammar School - Shelford Campus
1.4 km
Combined school | Independent
Shelford Girls' Grammar
1.4 km
Combined school | Independent
Little Lane Early Learning Centre - St Kilda
0.8 km
Eden Academy Elwood
0.5 km
The Avenue Children's Centre and Kindergarten - Enquiries Go Through City of Port Phillip
0.3 km
Szalmuk Family Early Learning Centre
0.5 km
* Approximate straight-line distances

Frequently asked questions

How many bedrooms does the unit have?

The apartment has one bedroom

Homely.com.au
How many car spaces are available?

One allocated off‑street car space is provided behind an auto‑gate

Homely.com.au
How many bathrooms are included?

There is one bathroom

Homely.com.au
What was the recent sale price of the property?

The unit sold for $345,000 on 22 Nov 2024

Homely.com.au
What practical interior features does the apartment include?

It features a separate kitchen/meals area with gas appliances, a good‑sized double bedroom with built‑in robes, combined shower/bath, security intercom, air‑conditioning and laundry facilities in the kitchen

Homely.com.au
Which tram stop is closest to the property?

Balaclava Station (tram stop) – approximately 0.5 km away

Which pharmacy is nearest to the address?

Brinsmeads Pharmacy – about 0.4 km away

What kind of property is this?

5/40 Sycamore Grove is listed as Apartment in Balaclava, VIC

Allocated off‑street parking behind an auto‑gate Homely

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