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Balaclava, Melbourne (inner south)

Rent: rent is affordable to medium

Vibe: bagels and bargains

Location: 5-10km from city centre

Balaclava is what St Kilda used to be before it was gentrified. You might walk past a pissed, smelly, homeless man one minute, and then gays or lesbians holding hands the next, followed by students eating sushi, arty types sipping on a latte, parents with kids, and Hassidic Jewish families shopping. This suburb's demographics are changing but there is still plenty of colour here to keep the gentrified away. (More information below and to your left <<<)
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