Located in the dynamic state of VIC (postcode 3183), BALACLAVA is a vibrant real estate market. This suburb holds a median house price of $1,500,000 and has demonstrated an average buying growth of Down -4.0%. Last month, 7 houses were available, with 51 transactions completed in the past year. Properties spend around 43 days on the market, reflecting the area's demand with 1608 interested buyers. The average rental yield stands at 2.8%, with a weekly median rent of $395 per week and an average rent growth of Up 5.9%. Rental properties usually stay on the market for 22 days. The population in 2016 was 5404, which changed by +0.40% in the past five years. The median weekly household income is $1,660, reflecting an income change of +16.33% over the past five years. Residents have a median age of 34 years, and the suburb has an average annual growth for houses of +3.25%. To fully take advantage of BALACLAVA's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BALACLAVA, Handle provides end-to-end property investment services, backed by data and experts.