st kilda east

3183, Victoria

Real Estate & Property Information

Median
Price Rank
49

st kilda east Suburb Profile & Review

Unlike its nearest neighbour St Kilda, St Kilda East is a fairly sedate and family-friendly suburb, though artists and bohemians are known to gravitate to the area. Residents enjoy their proximity to St Kilda's entertainment venues, shopping strips and beachfront cafes. A popular retail precinct along Carlisle Street features eclectic clothing stores, cafes and coffee shops.

The suburb is dominated by 1960s art deco apartments, though there are streets comprised of heritage cottages and terrace houses as well. Beautiful historical churches and synagogues are common due to prominent Jewish communities. For picnics and sports, Alma Park is ideal it boasts an old-fashioned rotunda, an oval and several cycling paths.

Schools include the Christian Brothers College, the Caulfield Campus of Caulfield Grammar School and Yeshivah College. A tertiary institution for Orthodox rabbis can be found on Alexandra Street. Trams run along Balaclava Road, Chapel Street, Dandenong Road and St Kilda Road, while Balaclava Station and Ripponlea Station are both within walking distance.

st kilda east Demographic Data

$ 900,000 Median House Price

18 Minutes Average Commute

32 Median Age

12,576 Population

50.25 % Female

49.75 % Male

2708 NO OF FAMILIES

2.1 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in st kilda east, Victoria.

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st kilda east Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

st kilda east Median House Prices

  • 2008 $ 855,000
  • 2009 $ 830,000
  • 2010 $ 845,500
  • 2011 $ 1,000,000
  • 2012 $ 900,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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st kilda east 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in st kilda east have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term st kilda east property price predictions.

st kilda east Market Property Types

  • 24 % Seperate House
  • 11 % Semi Detached
  • 65 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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st kilda east Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

st kilda east Income & Mortgage Stats

  • $ 1,460 Median Weekly Household Income
  • $ 2,039 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in st kilda east

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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st kilda east Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

st kilda east Sold Property Prices

st kilda east Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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st kilda east Cafes

  • Lichtenstein's Bakehouse 287 Carlisle Streetst kilda east VIC 318303 9530 3366
  • Cafe Quiet Earth 257 Carlisle Streetst kilda east VIC 318303 9525 8864
  • Little Captain353 Inkerman Street st kilda east VIC 318303 9527 5207

st kilda east Schools

  • Balaclava Christian Brothers (Yr 9 Campus) (St Kilda East)11 Westbury Streetst kilda east VIC 3183(03) 9529 6611Catholic Secondary School
  • Christian Brothers St. Kilda11 Westbury Streetst kilda east VIC 3183(03) 9529 6611Catholic Secondary School
  • Christian Brothers (Yr 9 Campus)11 Westbury Streetst kilda east VIC 3183(03) 9529 6611Catholic Secondary School

st kilda east Childcare

  • First Learnings CC89 Westbury Streetst kilda east VIC 3183

st kilda east Kindergarten and Preschools

  • Gandel Besen House15 Mayfield Avenuest kilda east VIC 3183
  • King David School Preschool76 Alma Roadst kilda east VIC 3183
  • Ripponlea KindergartenCarrington Gvst kilda east VIC 3183

Find out How Much your House is Worth in st kilda east

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