Back 46 Wallace Street
Off Market

46 Wallace Street

Balaklava SA 5461

4
1
1
215 m²
1573 m²
House
Last sold for $350,000
Connor YoungConnor Young, last sold this property on 19 March 2026 after 21 days on market.

Overview

Endless Opportunity on Wallace Street!

Presenting an exceptional opportunity in the heart of Balaklava, 46 Wallace Street is a character-filled four-bedroom, one-bathroom residence. The home's classic heritage is immediately evident upon entry, with a wide central hallway showcasing soaring ceilings, timber floorboards, and a distinctive arched doorway. This architectural charm extends into a spacious, light-filled lounge room featuring a traditional fireplace, which flows efficiently into the separate dining and kitchen areas. Notably, the property also includes a dedicated underground cellar, offering a premium storage solution for wine collections. This property represents an ideal asset for ambitious renovators, families, or investors. Externally, the residence is positioned on a substantial 1,573sqm (approx.) allotment, presenting an exceptional level of space and future opportunity. A rear verandah provides a functional outdoor area overlooking the expansive grounds, which are framed by established plantings and offer abundant room for further landscaping, outdoor entertaining, or property extensions. The backyard is highly practical, featuring two spacious sheds that deliver ample storage or workshop capacity. Furthermore, a detached outdoor laundry presents a versatile footprint, offering excellent scope for buyers to reconfigure, repurpose, or seamlessly integrate into a broader renovation project. Situated in South Australia's Mid North, Balaklava perfectly balances rural tranquility with everyday convenience. Known for its welcoming community, wide streets, and relaxed country lifestyle, the town offers excellent access to local schools, shops, and sporting facilities. Surrounded by open spaces and fertile farmland, Balaklava strongly appeals to families, renovators, and investors seeking affordable properties with great potential. Do not miss your chance to secure a slice of Balaklava with massive upside potential. This property will be going to Auction unless SOLD prior, to register your interest please phone Connor Young on 0402 775 599 or Shane Hawkins on 0498 835 373. Features You'll Love: • Set on a substantial 1,573sqm (approx.) allotment offering limitless space, versatility, and future opportunity. • A charming wrap-around front verandah provides the perfect exterior setting to enjoy a morning coffee and take in the surroundings. • A grand entrance hallway makes a striking first impression with soaring ceilings, warm timber floorboards, and a classic heritage archway. • Four generous bedrooms are positioned conveniently off the main hall, with three featuring character fireplaces and the fourth offering a ceiling fan for added comfort. • A spacious, light-filled central lounge room features a beautiful traditional fireplace, creating the perfect canvas to envision your dream living space. • Separate, character-filled kitchen and dining zones flow effortlessly from the lounge, offering exceptional scope for modern updates and renovations. • A dedicated underground cellar provides a premium subterranean storage solution for your wine collection. • A vast outdoor area is bordered by established greenery, offering abundant room for landscaping, entertaining, or future property extensions. • Two substantial sheds deliver excellent storage or workshop capacity, accompanied by an additional garden shed for outdoor tools and equipment. • A detached, practical outdoor laundry presents excellent potential for future reconfiguration or seamless integration into the home. Location Highlights • Balaklava Primary School • Balaklava High School • Horizon Christian School • Foodland • Boutique shops as well as cafes and eateries • Sporting and Recreation Complex • 1 hour 30 minute commute to Adelaide CBD Specifications: • Built - 1900 • House - 215m2 (approx.) • Land - 1,573m2(approx.) • Frontage - 21m • Zoned - N - Neighbourhood • Council - WAKEFIELD • Hotwater - Electric • Easement - Please See Form 1 • Mains Water - Yes • Mains Electricity - Yes • Solar - N/A • Gas - N/A • Sewerage - Septic • NBN Available - FTTN available • Heating - Fireplace • Cooling - Ceiling Fan & Wall Unit Air Conditioner The safety of our clients, staff and the community is extremely important to us, so we have implemented strict hygiene policies at all our properties. We welcome your inquiry and look forward to hearing from you. RLA 345285 *Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Features

4 bedrooms
1 bathroom
1 carspace
1 open car space
215 m² floor area
1573 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Balaklava over the last 12 months, the estimated median property value of 46 Wallace Street is $636.5k.

Median value
$636.5k
Estimated value range
$350k - $690k
Median days on market
49
Estimated value trend
30%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Balaklava. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 46 Wallace Street

2026
Sold
$350,000
19 Mar 2026 by Connor Young, of Ray White Clare Valley

Happy sellers in Balaklava

84%
84% of sellers in Balaklava reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 5 reviews in Balaklava over the last 12 months.

Local market activity for 4 bedroom houses in Balaklava

In the last 12 months, 9 four-bedroom houses similar to 46 Wallace Street, have been sold.

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent