16 Balston Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
OFF MARKET

16 Balston Street
Balaclava VIC 3183

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 378m2
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Last updated 29 Jun 2026
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Property Details for 16 Balston St, Balaclava

16 Balston St, Balaclava is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 378m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Land Size
378m2
Local Government
Port Phillip
Lot/Plan
PC381938

Last Listing description (July 2026)

THE DEAL
One of Balaclavas original homes, reimagined as one of its finest. Dating to circa 1863, this landmark residence blends heritage significance with contemporary luxury, delivering a family home of rare calibre and undeniable presence.

Beyond a cobblestone entrance and curated landscaping, a soaring void introduces light, scale and atmosphere. Mechanically polished, under-heated concrete floors, cascading greenery and carefully framed vistas create a home that feels both grounded and sophisticated.

Designed for effortless entertaining, the kitchen pairs Fior di Pesco marble with a sculptural brass rangehood, integrated refrigeration, Bosch appliances and a walk-in pantry concealed behind bespoke pocket doors.

Expansive living and dining spaces are anchored by a marble-clad gas fireplace and built-in bar, while full-width stacker doors connect seamlessly to a crazy-paved alfresco and private gardens beyond.

The main suite occupies its own private wing, complete with walk-in robe, dressing station and elegant ensuite. A fourth bedroom and bathroom on the ground floor provide genuine single-level flexibility, while two further bedrooms and a family bathroom upstairs cater perfectly to growing families.

Above the oversized double garage, accessed via an ultra-wide rear laneway, a fully self-contained studio offers a fifth bedroom, fourth bathroom and full kitchen ideal for guests, extended family or independent living.

Marble and travertine finishes, Yabby tapware, a dedicated study, EV charging, security and zoned heating/cooling complete an extraordinary offering moments from Carlisle Street, Alma Park and leading schools.

SEALS THE DEAL
A home where light, materiality and history combine to create an atmosphere that evolves beautifully throughout the day.

Property History for 16 Balston St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$1,400,000
21 Dec 2021
  • 03 Jun 2026
    Listed for Sale THE DEAL: Expressions of Interest
  • 12 Oct 2023
    Listed for Sale $1,469,000
  • 21 Dec 2021
    Sold for $1,400,000
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About Balaclava 3183

The size of Balaclava is approximately 0.8 square kilometres. There are 3 parks, covering nearly 1.8% of the 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 3,663 properties. Over the last 5 years, Houses in Balaclava have seen a -0.30% decrease in median value, while Units have seen a -2.82% decrease. As at 31 May 2026:

  • The median value for Houses in Balaclava is $1,568,531 while the median value for Units is $607,516.
  • Houses have a median rent of $925 while Units have a median rent of $560.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 197 properties were sold in the past 12 months in Balaclava.

Suburb Insights for Balaclava 3183

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.