Balaclava is a Northern Village of the Southern Highlands of New South Wales, Australia in Wingecarribee Shire. It is 1 km north-east of Mittagong. The village includes a service station, real estate, pre-school, nursery and antiques store. It is located in Wingecarribee Shire and is often considered part of Braemar along with its neighbour Willow Vale (Pop. 1189 - Census 2001).

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