Back 1/38 Elm Grove
Off Market

1/38 Elm Grove

Balaclava VIC 3183

2
1
1
Apartment
Last sold for $520,000
Zoe CherrieZoe Cherrie, last sold this property on 31 October 2025 after 23 days on market.

Overview

Stylish Ground-Floor Gem with Village Convenience

Peaceful, private and perfectly positioned, this ground-floor apartment offers a lifestyle of easy comfort within a boutique block of just six. Thoughtfully refurbished throughout, the home features a spacious living area with timber-look floors and reverse-cycle air conditioning, complemented by a stylish kitchen/meals zone fitted with Blanco cooking appliances, a washing machine and sleek black stone benchtops with matching tiled floors. Two carpeted bedrooms include full-height built-in robes, while the bathroom has been recently updated and offers a contemporary finish. Complete with on-site carparking available at the rear of the building (first in best dressed), this solid and secure apartment makes an ideal first home or rewarding investment. Enjoy the quiet setting just moments from Ripponlea Village's cafes, shops and transport, with Carlisle Street only a short stroll away.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Balaclava over the last 12 months, the estimated median property value of 1/38 Elm Grove is $545k.

Median value
$545k
Estimated value range
$442.5k - $917.5k
Median days on market
25
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Balaclava. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/38 Elm Grove

2025
Sold
$520,000
Private Sale/Treaty on 31 Oct 2025 by Zoe Cherrie, of Buxton (Port Phillip) Pty Ltd
2015
Sold
$456,000
Auction Sale on 06 Nov 2015 by Daniel Micmacher, of Gary Peer & Associates - Caulfield

Happy sellers in Balaclava

75%
75% of sellers in Balaclava reported that their sale price either exceeded or met their price expectations.

Balaclava stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Balaclava over the last 12 months.

Local market activity for 2 bedroom apartments in Balaclava

In the last 12 months, 54 two-bedroom apartments similar to 1/38 Elm Grove, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

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