Back 5/38 The Avenue
Off Market

5/38 The Avenue

Balaclava VIC 3183

2
1
1
Apartment
Last sold for $572,500
Peter PerrignonPeter Perrignon, last sold this property on 15 September 2017 after 23 days on market.

Overview

Spacious and stylish to complement a cosmopolitan lifestyle

Stylishly renovated and superbly positioned for a modern, inner-city lifestyle, this two-bedroom solid-brick apartment is quietly placed at the rear of a boutique, modernised block of only 7. A peaceful retreat from the outside world, the home presents with spacious indoor proportions and a sundrenched alfresco courtyard. A fully-appointed kitchen with stone bench tops, offering ample storage and Blanco appliances, aside a meals area. The light and bright lounge and dining room is comforted with split-system aircondtioning and a cosy terrace, or take the celebrations outside and enjoy the entertainer's courtyard, a private space to dine in the sun. Two bedrooms with built-in robes provide ample private relaxation space. The central bathroom matches the home's bold styling with a stunning combination of glass and mirrors, providing a separate toilet and a stone-topped vanity. With secure intercom entry and off street parking, enjoy a lock-and leave lifestyle with trams and trains virtually at the doorstep, and surrounded by abundant cafe, restaurant, and shopping destinations, and instant access to parks and gardens.

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 5/38 The Avenue is $591k.

Median value
$591k
Estimated value range
$442.5k - $917.5k
Median days on market
26
Estimated value trend
4%
increase 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 5/38 The Avenue

2025
Rented
Undisclosed
Leased on 19 Mar 2025 by McGrath Brighton
2023
Rented
Undisclosed
Leased on 19 Feb 2023 by McGrath Brighton
2017
Sold
$572,500
15 Sep 2017 by Peter Perrignon, of Belle Property Richmond

Happy sellers in Balaclava

90%
90% 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 16 reviews in Balaclava over the last 12 months.

Local market activity for 2 bedroom apartments in Balaclava

In the last 12 months, 65 two-bedroom apartments similar to 5/38 The Avenue, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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