5/23 Gourlay St, Balaclava is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 483m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Positioned between Ripponlea Village and all the cosmopolitan energy of Carlisle Street, this immaculately presented two bedroom apartment is a lifestyle lovers delight. One of just six beautifully quiet homes in its smartly presented block, its lovely, light filled and spacious proportions are perfect for first home buyers, easy lock up and leave seekers or investors searching for a set and forget income stream. Set on the first/top floor, natural light and leafy outlooks pour into open living/dining areas and a spotless kitchen with gas cooking whilst two comfortable bedrooms with BIRs, the main a generous king size, share a sparkling bathroom. Freshly painted with hardwood floors, split heating/cooling, timber venetians and secure rear parking, this delightful domain is only a short walk from the boutiques eateries of Ripponlea Village, Carlisle Streets bustling cafes, restaurants and bars, supermarkets, trams and Balaclava Station. Simply irresistible!
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 3,651 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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