5-7 Florence Street

Balaklava SA 5461

The size of Balaklava is approximately 112.1 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Balaklava in 2011 was 1,828 people. By 2016 the population was 2,055 showing a population growth of 12.4% in the area during that time. The predominant age group in Balaklava is 60-69 years. Households in Balaklava are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balaklava work in a labourer occupation. In 2011, 70% of the homes in Balaklava were owner-occupied compared with 70.8% in 2016.

Balaklava has 1,283 properties. Over the last 5 years, Houses in Balaklava have seen a 93.85% increase in median value, while Units have seen a 94.05% increase. As at 31 January 2025:

• The median value for Houses in Balaklava is $373,162 while the median value for Units is $255,905.
• Houses have a median rent of $360.