What is the current median house price in Balaclava, VIC?
The median house price in Balaclava, VIC 3183 is $1,450,000 as of 2026. Prices have declined by 0.4% over the past 12 months.
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Core Market Intelligence — May 2026
The median house price in Balaclava, VIC 3183 is $1,450,000 as of 2026. Prices have declined by 0.4% over the past 12 months.
Balaclava presents a mixed investment picture that requires careful analysis. Key indicators include a rental yield of 3.5%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in Balaclava, VIC 3183 is approximately 3.5%, with a median weekly rent of $386. This yield reflects a growth-oriented market where capital gains may offset lower income returns.
Balaclava, VIC 3183 has a population of 5,392 with a median age of 35. The median household income is $5,079.