The Balaklava Museum operates on two sites.

Centenary Hall on May terrace became a folk museum in 1977 housing a vast collection of local historical records and photographs as well as many household items from the early days. 

Urlwin Park in Short Terrace was opened in 1986 and is home to the Museums agricultural collection which includes farming equipment, horse drawn vehicles, a replica of Ted Anders blacksmith shop and the historic "Corduroy Road"

The Zacher Pavilion showcases the "Balaklava Made" collection- a tribute to the industrial pioneers whose effort and enterprise gave Balaklava the title of "Manufacturing Centre of the North" in the early years of the states development.