5 Edward St, Balaclava is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 245m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Balaclava in the last 12 months.
Behind its timeless late-Victorian facade, this double-fronted three-bedroom residence offers a side of the neighbourhood few expect to find, revealing a private garden sanctuary and a sublime contemporary extension that brings complete tranquillity to a dynamic, cosmopolitan lifestyle address.
High ceilings and rich timber floors evoke the proportions of the original rooms, before the rear of the home opens into sun-drenched living and dining spaces, surrounded by greenery and set beneath a glass conservatory ceiling. A gas fireplace with built-in storage creates a natural focal point, while the kitchen features black granite benchtops and quality European appliances, offering direct outdoor access for easy catering. A tree-lined lightwell courtyard draws even more sunlight inside, before the second living room extends outdoors onto an elevated deck and lawn, bordered by established trees that maximise the year-round appeal of the beautifully landscaped surroundings.
The idyllic layout continues into the bedrooms, with two on the ground floor that share a large bathroom with a bath, shower, and European laundry. A solid spiral staircase ascends to a private, upper-level main suite complete with a renovated ensuite, walk-in robe and balcony, adjoining a home office or sitting area, lined with additional storage.
Finished with split-system heating and cooling, electric heating throughout, solar panels, retractable flyscreens, garden irrigation, secure gated entry and a single garage, it's every luxury you'd want from city-edge living. Whether it's breakfast on Carlisle Street, dinner around the corner at Moonhouse, a morning by the bay or a quick trip into the city, everything is within easy reach. Walk to Balaclava Railway Station, choose from four direct tram routes, enjoy access to leading schools including St Kilda Primary School, St Mary's College and St Michael's Grammar School, and leave the car securely at home.
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 3,667 properties. Over the last 5 years, Houses in Balaclava have seen a -4.29% decrease in median value, while Units have seen a -4.27% decrease. As at 31 July 2026:
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