Back 5/51 Gourlay Street
Off Market

5/51 Gourlay Street

Balaclava VIC 3183

2
1
1
Apartment
Last sold for $565,000
Natalie McAseyNatalie McAsey, last sold this property on 01 August 2025 after 23 days on market.

Overview

Fully Refurbished, Top Floor Delight

Expertly renovated with an eye for quality and design, this elevated top floor, two-bedroom apartment delivers contemporary living in a boutique block of just 6 residences. With an emphasis on quality craftsmanship, premium finishes are paramount throughout the home, showcasing Tasmanian oak flooring, expansive windows, and an abundance of natural light across the smart layout. Living and meals effortlessly adjoins the kitchen area, creating a spacious domain for the home. The fully refurbished kitchen is a cook’s delight, equipped with stainless steel Smeg appliances, gas stovetop, and double-bowl sink for optimal functionality. Custom stone benchtops, soft-close cabinetry, and plenty of storage solutions further enhance the kitchen’s appeal, both aesthetically and for everyday ease. Two oversized bedrooms provide spacious accommodation, both fitted with mirrored built-in robes, and serviced by a sleek, marble-tiled bathroom, with laundry provisions. Additional features include ducted heating/cooling throughout the home, secure intercom entry, and allocated off-street parking Tucked away from the hustle, yet conveniently just moments from it all, enjoy the very best of Balaclava living, with local cafes, grocers, and bakeries just around the corner, along with Balaclava and Ripponlea train stations, and multiple tram routes. Stylishly refreshed and beautifully appointed, this spacious retreat combines quiet privacy and vibrant urban living, offering a rare opportunity for those entering the market, downsizers, or investors alike.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
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 5/51 Gourlay Street is $550.5k.

Median value
$550.5k
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 5/51 Gourlay Street

2025
Sold
$565,000
01 Aug 2025 by Natalie McAsey, of Buxton Port Phillip - St Kilda
2024
Rented
Undisclosed
Leased on 28 Jun 2024 by Buxton Port Phillip - St Kilda
2022
Rented
Undisclosed
Leased on 27 Jun 2022 by Buxton Port Phillip - St Kilda

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 5/51 Gourlay Street, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

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