275 Inkerman Street, Balaclava, VIC 3183 | Property Value & History | OnTheHouse
 
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275 Inkerman Street
Balaclava VIC 3183

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 79m2
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Last updated 9 Mar 2026
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Property Details for 275 Inkerman St, Balaclava

275 Inkerman St, Balaclava is a 3 bedroom, 1 bathroom House. The property has a land size of 79m2.

Building Type
House
Land Size
79m2
Local Government
Port Phillip
Lot/Plan
2/PS608302

Last Listing description (March 2026)

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**

Property History for 275 Inkerman St, Balaclava, VIC 3183

A timeline of how this property has performed in the market
Listed for Rent
$30k/w
05 Oct 2023
  • 03 Feb 2026
    Listed for Sale $850,000
  • 12 Jun 2024
    Listed for Rent $695 / week
  • 05 Oct 2023
    Listed for Rent - Price not available
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About Balaclava 3183

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 3,674 properties. Over the last 5 years, Houses in Balaclava have seen a 1.12% increase in median value, while Units have seen a 1.05% increase. As at 28 February 2026:

  • The median value for Houses in Balaclava is $1,475,971 while the median value for Units is $609,853.
  • Houses have a median rent of $685 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Balaclava on OnTheHouse. According to Cotality's data, 180 properties were sold in the past 12 months in Balaclava.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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