Balaclava, nestled in the vibrant suburb of St Kilda East in New South Wales, offers a dynamic lifestyle with a rich cultural scene, diverse community, and convenient access to amenities. Known for its leafy streets and charming homes, Balaclava is perfect for families, young professionals, and retirees alike. This article highlights the best residential areas in Balaclava, providing insights into their unique characteristics, housing options, and average prices.
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Balaclava Village

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Balaclava Village is the bustling heart of the suburb, filled with cafes, shops, and a lively atmosphere. It offers a blend of urban living with community charm, making it an attractive option for both families and young professionals.
Characteristics of the Balaclava Village
* Culture: Eclectic mix of eateries, local markets
* Transportation: Well-served by trams and buses
* Services: Supermarkets, schools, parks, medical facilities
* Environment: Lively and community-focused
Housing Options in the Balaclava Village
Victorian-era houses, modern apartments, townhouses
Average Home Prices in the Balaclava Village
* Buying: $900,000 – $1,200,000
* Renting: $450 – $650/week
Balaclava Heights

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An upscale area of Balaclava, Balaclava Heights offers a serene environment with beautiful homes and scenic views. It's ideal for those seeking peace without straying too far from the action.
Characteristics of the Balaclava Heights
* Culture: Family-friendly with beautiful parks
* Transportation: Close to major roads, public transport options available
* Services: Quality schools, parks, and shopping centers nearby
* Environment: Quiet and residential
Housing Options in the Balaclava Heights
Spacious family homes, luxury units
Average Home Prices in the Balaclava Heights
* Buying: $1,200,000 – $2,000,000
* Renting: $600 – $900/week
Glen Eira Road Area

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This area is known for its leafy streets and proximity to Balaclava Station. It is popular among commuters and families, providing easy access to the city.
Characteristics of the Glen Eira Road Area
* Culture: A mix of cultures, vibrant street life
* Transportation: Close to Balaclava train station, tram lines
* Services: Local shops, schools, and parks
* Environment: Friendly and diverse
Housing Options in the Glen Eira Road Area
Victorian homes, renovated flats, townhouses
Average Home Prices in the Glen Eira Road Area
* Buying: $800,000 – $1,100,000
* Renting: $500 – $700/week
Hotham Street Area

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A quieter, residential area, Hotham Street is lined with charming period homes. It's ideal for families wanting a peaceful environment close to amenities.
Characteristics of the Hotham Street Area
* Culture: Close-knit community vibe, family-oriented
* Transportation: Easily accessible by bus and bike paths
* Services: Proximity to schools and community hubs
* Environment: Peaceful and inviting
Housing Options in the Hotham Street Area
Period-style homes, low-rise apartments
Average Home Prices in the Hotham Street Area
* Buying: $950,000 – $1,300,000
* Renting: $550 – $750/week
St Kilda East

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Just a stone's throw from Balaclava, this suburb offers a vibrant lifestyle with cafes, boutiques, and a lively arts scene. It's popular among creatives and young professionals.
Characteristics of the St Kilda East
* Culture: Artistic vibe with galleries and performance spaces
* Transportation: Excellent tram and bus services
* Services: Restaurants, supermarkets, parks
* Environment: Trendy and eclectic
Housing Options in the St Kilda East
Contemporary apartments, Victorian homes
Average Home Prices in the St Kilda East
* Buying: $900,000 – $1,100,000
* Renting: $500 – $700/week
Balaclava Park

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Centered around the local park, this area provides ample green spaces for families and pet owners. It features beautiful homes and a strong community feel.
Characteristics of the Balaclava Park
* Culture: Emphasis on outdoor activities and community events
* Transportation: Public transport connections and walking paths
* Services: Parks, schools, and cafes nearby
* Environment: Community-oriented and active
Housing Options in the Balaclava Park
Family homes, townhouses with gardens
Average Home Prices in the Balaclava Park
* Buying: $1,000,000 – $1,500,000
* Renting: $600 – $800/week
Frequently Asked Questions About the Best Residential Areas in Balaclava:
The best residential areas in Balaclava include Balaclava Village, Balaclava Heights, Glen Eira Road Area, Hotham Street Area, St Kilda East, and Balaclava Park.
Balaclava Heights and Balaclava Park are known for their family-oriented environments, offering parks and schools within easy reach.
The Glen Eira Road Area and Hotham Street Area generally offer more affordable housing options compared to other parts of Balaclava.
The average price of a house in Balaclava ranges from $800,000 to $2,000,000 depending on the specific area and type of property.
Yes, Balaclava is well-served by trams and buses, providing convenient access to surrounding suburbs and the city centre.
Balaclava offers a variety of amenities, including shopping options, schools, parks, medical facilities, and recreational areas.
In Balaclava, you can find various housing options, including Victorian-era homes, modern apartments, townhouses, and family residences.
Balaclava is generally considered a safe suburb with a close-knit community, but as with any area, it's wise to stay informed about local conditions.
Balaclava has a vibrant and friendly community vibe, with local events and activities that encourage social interaction among residents.
Balaclava has seen consistent capital growth over the years, making it an attractive option for buyers and investors alike, but always conduct thorough research.
Conclusion on the Best Residential Areas in Balaclava:
Balaclava boasts an array of residential areas that cater to various lifestyles, from the bustling Balaclava Village to the serene Balaclava Heights. Each neighbourhood offers distinct cultural influences, housing options, and access to amenities, making it a sought-after location for buyers and renters. As Balaclava continues to grow and evolve, choosing the right area becomes essential to finding a home that fits your lifestyle preferences. Whether you desire a vibrant community atmosphere, proximity to public transport, or tranquil green spaces, Balaclava has something to offer everyone, truly making it one of the best places to live in New South Wales.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.