4/51 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Balaclava in the last 12 months.
Then look no further, here lies your answer. Located just a short 8-minute (approx.) walk from Balaclava Station and all the fantastic amenities Carlisle Street has to offer, this impressive 2-bedroom apartment is ripe for the taking!
At the heart of this fantastic corner unit (only one shared wall) is a spacious, sun-soaked living zone situated off the upgraded kitchen, providing enviable open concept living. Upgraded flooring, fresh paint*, custom cabinetry and an island bench are smart additions to this home.
You'll be spoilt for choice as you decide which bedroom is the "master": both bedrooms offer plenty of wardrobe space and are framed by large windows allowing tons of natural light to flow throughout the property.
With off street parking via the designated car space, trains, trams and busesthere's no shortage of transport options! A short tram ride provides access to the best aspects of Melbourne living, with Chapel St and St Kilda pier moments away (just to mention a few). Meanwhile the CBD is a short commute. Whether you're looking to buy for investment or to owner occupy, 4/51 Gourlay St is an absolute winner!
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 1.28% increase in median value, while Units have seen a 3.55% increase. As at 31 December 2025:
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