Side by sideSuburb comparison

Balaclava vs St Kilda.

Comparing two suburbs with median house prices of $1,150,000 and $1,810,000. Balaclava edges out on more headline metrics in this comparison.

Balaclava (median $1,150,000) is roughly 36% cheaper to buy into than St Kilda ($1,810,000).

On school quality, the average ICSEA across schools serving Balaclava (1114) sits above St Kilda (1112).

The takeWhich suburb suits which buyer

For buyers

Balaclava is the lower entry point at $1,150,000 median, 36% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Balaclava offers the higher gross rental yield (1.79% vs 1.61%), favouring cash-flow investors.

For families

Balaclava edges out on average school ICSEA (1114 vs 1112).

Common questionsBalaclava vs St Kilda

Common questions

Is Balaclava or St Kilda cheaper to buy in?

Balaclava has the lower median house price at $1,150,000, roughly 36% below St Kilda ($1,810,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Balaclava or St Kilda have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Balaclava scores 1114 vs 1112 in St Kilda. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Balaclava or St Kilda?

Gross rental yield on houses is 1.79% in Balaclava vs 1.61% in St Kilda. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Balaclava
Metric
St Kilda

Price & Market

$1,150,000
Median house
$1,810,000
$576,300
Median unit
$487,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$396/wk
Rent (house / wk)
$560/wk
$337/wk
Rent (unit / wk)
$630/wk
Owner occupied
Renter occupied

Lifestyle & Demographics

100
Walk score
100
100
Transit score
100
100
Bike score
100
17,964
Population
22,438
34
Median age
37

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1114
Avg ICSEA
1112

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).