275 Inkerman St, Balaclava is a 3 bedroom, 1 bathroom House. The property has a land size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Balaclava in the last 12 months.
A rare opportunity in the heart of Balaclava, this solid street fronted period residence is a unique & spacious gem with the flexibility for a shopfront at the front & private residential living beyond. Rich in timeless character & modern comfort & spread over two naturally light filled levels it delivers an enviable inner-city lifestyle & while perfectly comfortable as is, it also presents exciting scope for an inspired contemporary renovation (STCA). Beyond its classic faade, the ground floor showcases timber floors & a versatile front room that could be utilised as a shopfront or generous living room. This flows through to an impressively proportioned dining room/additional living space & a good sized bedroom/optional home office. The generous proportions continue upstairs where two additional large bedrooms, a central bathroom with laundry facilities & a neatly presented kitchen with ample storage & dishwasher complete the accommodation. Other features include split system heating/cooling. Perfectly positioned just moments from the vibrant shops, restaurants & cafes of Carlisle Street & Ripponlea Village, & close to Balaclava Station, trams & beautiful parklands.
**Being offered with vacant possession or retaining the current monthly lease at $3,042 per calendar month**
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 3,662 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:
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