The size of Balaclava is approximately 2.4 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Balaclava in 2016 was 496 people. By 2021 the population was 574 showing a population growth of 15.7% in the area during that time. The predominant age group in Balaclava is 0-9 years. Households in Balaclava are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a trades occupation.In 2021, 75.50% of the homes in Balaclava were owner-occupied compared with 78.00% in 2016..
Balaclava has 302 properties. Over the last 5 years, Houses in Balaclava have seen a 64.01% increase in median value. As at 30 June 2025:
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Population 574
0-9
16%
10-19
9%
20-29
9%
30-39
13%
40-49
14%
50-59
15%
60-69
13%
70-79
9%
80-89
3%
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