1/5 Gourlay St, Balaclava is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 484m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2003.
Instantly inviting, this stunning ground floor three bedroom security apartment, offers the freedom and lifestyle to reside in one of Melbourne s most desirable suburbs, Balaclava. Positioned beautifully in a quiet Street near the Balaclava station, this property has style. With quality fittings and fixtures throughout, which include an entertainers kitchen, with concrete floor, stainless steel appliances and timber joinery, leading into a light filled lounge with floor to ceiling windows accessing a private courtyard with quality timber decking. A well appointed bathroom, features a shower over the bath, double basin vanity, including a washing machine. This property has plenty to boast about with three generous size bedrooms, built in robes, stainless steel gas cooktop, integrated dishwasher, heating and cooling, security and off street parking. What a location! Within moments to Carlisle Street with their delicious eateries on offer, caf s bars, transport, tram and train all within walking distance. Either a quiet lifestyle, or enjoy the exciting nightlife on offer from Chapel Street s fashionable precinct or Ripponlea Village with a caf culture, and gourmet delicatessens. It s a lifestyle
The size of Balaclava is approximately 0.8 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Balaclava in 2016 was 5396 people. By 2021 the population was 5392 showing a population decline of 0.1% in the area during that time. The predominant age group in Balaclava is 30-39 years. Households in Balaclava are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a professional occupation.In 2021, 49.00% of the homes in Balaclava were owner-occupied compared with 43.40% in 2016.
Balaclava has 3,650 properties. Over the last 5 years, Houses in Balaclava have seen a 8.80% increase in median value, while Units have seen a 4.64% increase. As at 30 November 2025:
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