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Back 3/27 Gourlay Street
Off Market

3/27 Gourlay Street

Balaclava VIC 3183

Other

Overview

Discover a charming, freshly renovated ground-floor courtyard unit in the quiet and peaceful pocket of highly desirable Balaclava – perfect for first home buyers, owner-occupiers and savvy investors! This low-maintenance residence features a spacious bedroom with built-in robes, a sleek modern ensuite with rain shower, classic timber floors that blend original charm with contemporary style, and a bright open-plan living and meals area flowing seamlessly into a dazzling kitchen with stainless steel appliances. The generous front courtyard is ideal for summer BBQs, morning coffee, weekend entertaining – or maximising your short-term holiday letting returns. Secure Your Sanctuary • Large bedroom with built-in robe storage • Stylishly updated ensuite bathroom with rain shower • Ceiling fan for year-round comfort • Direct courtyard access • Secure car space (multi-use) The Essentials • Internal: 45m² | External: 13m² | Total: 58m² • Ground floor | 1 bed | 1 bath | 1 car Investment & Lifestyle Appeal Tucked away on tranquil, tree-lined Gourlay Street, this property offers the perfect balance of serene, peaceful living with outstanding income potential. Enjoy strong long-term rental demand and attractive yields in Balaclava, plus excellent easy short-term BnB returns – especially during summer when visitors flock to nearby St Kilda Beach, Ripponlea Village and bayside attractions. With a proven track record of capital growth in this sought-after inner-Melbourne suburb, it’s also an outstanding opportunity for future resale and long-term wealth creation. Just moments from Carlisle Street cafés, Ripponlea Estate parklands, trams, buses and Balaclava/Ripponlea stations. Fast settlement available – 30 days or as negotiated. Quick move-in possible! All information including internalu/external areas has been provided by third parties and may be approximate. Buyers are strongly encouraged to undertake their own due diligence.

Features

Other

Estimated Value

We need at least 3 similar other properties sold in Balaclava over the last 12 months.

Property history for 3/27 Gourlay Street

2026
Sold
Undisclosed
12 Apr 2026
2022
Sold
$341,000
02 Dec 2022 by Clare Adams, of Woodards Carnegie

Happy sellers in Balaclava

75%
75% of sellers in Balaclava reported that their sale price either exceeded or met their price expectations.

Balaclava stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Balaclava over the last 12 months.

Local market activity for other properties in Balaclava

In the last 12 months, 2 other properties similar to 3/27 Gourlay Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Balaclava

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Dion Besser

Sellers who recommend Dion Besser have praised them for being local expert, clear communication, supportive, dedicated, responsive, honest and great negotiation

  •   4.9   (95 reviews)
  •  4 Reviews in Balaclava
  •  6 Sales in Balaclava
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Naveen Nagaraj

Naveen Nagaraj is a recommended agent for Balaclava.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (28 reviews)
  •  4 Reviews in Balaclava
  •  4 Sales in Balaclava
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Nicole Prime

Sellers who recommend Nicole Prime have praised them for being local expert, clear communication, honest, friendly, hard-working, supportive and responsive

  •   4.9   (178 reviews)
  •  3 Reviews in Balaclava
  •  6 Sales in Balaclava
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Moses Habib

Moses Habib is an award winning recommended agent for Balaclava.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (92 reviews)
  •  3 Reviews in Balaclava
  •  2 Sales in Balaclava
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