st kilda

3182, Victoria

Real Estate & Property Information

Median
Price Rank
68

st kilda Suburb Profile & Review

Home to Luna Park, Acland Street, the Palais Theatre and St Kilda Beach, St Kilda is just as popular for its entertainment venues, shopping strips and beachfront cafes as it is for its bohemian atmosphere.

Renowned for its distinctive arts culture, St Kilda plays host to the annual St Kilda Festival, which lures thousands of music lovers, families and tourists to the area. Live music performances from well-known international acts are common at both the Palais Theatre and the Espy. The Prince Hotel is also home to the famous Prince Bandroom and chic Circa restaurant. For families, parks such as the St Kilda Botanic Gardens offer a picturesque backdrop for a stroll or a picnic, while reputable private schools St Michael's Grammar School and Christian Brothers College are both located within the suburb.

St Kilda's impressive Edwardian homes offset the cosmopolitan shopping strip along Acland Street, giving the suburb a curious old-meets-new charm. Along this strip you will find some of the city's most delicious cakestores, though gelateria 7 Apples Gelato is worth visiting for its unique and award-winning flavours.

A well connected area for public transport, tram 96 services St Kilda along Acland Street, while route 112 and route 16 both travel Fitzroy Street. The Williamstown Ferry stops over in St Kilda on its way to key tourist attractions in the inner city.

st kilda Demographic Data

$ 815,750 Median House Price

18 Minutes Average Commute

33 Median Age

17,795 Population

47.96 % Female

52.04 % Male

3520 NO OF FAMILIES

1.5 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, Victoria.

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st kilda 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 Median House Prices

  • 2008 $ 749,000
  • 2009 $ 830,000
  • 2010 $ 812,500
  • 2011 $ 847,500
  • 2012 $ 815,750

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 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 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 property price predictions.

st kilda Market Property Types

  • 10 % Seperate House
  • 11 % Semi Detached
  • 78 % Flat or Unit
  • 1 % 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 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 Income & Mortgage Stats

  • $ 1,461 Median Weekly Household Income
  • $ 2,121 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

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 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 Sold Property Prices

st kilda 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.

st kilda Related Local Blog Posts

Immigrants Are Pushing House Prices Higher

Much of Australia’s history and success has been built on the back immigration but are the current intake levels too high and how are they impacting prices?

Hangover Stock Brings About Buying Opportunities

This week Melbourne’s auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms….

Where is The Property Market Heading?

There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch?

Property Market Trends in Melbourne Which Could Affect Prices

In this final edition we look at what how the Melbourne property market has fared and what whether we are likely to see any changes in property prices, demand for property and economic drivers.

New Research Shows Consumers Who Don’t Own A Home Could Be Worse Off in Retirement

New Research released last week by Roy Morgan shows that people who don’t own a home have become worse off in terms of their net wealth and are jeopardising their retirement.

Is Australian Housing Heading for a Hard Landing or a Financial Cliff?

From my experience and talking with real estate agents the Melbourne market has softened no doubt, but are we heading towards a financial cliff?

st kilda Restaurants

  • The Great Provider42A Marine Paradest kilda VIC 318203 9525 5855
  • Stokehouse30 Jacka Boulevardst kilda VIC 318203 9525 5555
  • Riva42b Marine Paradest kilda VIC 318203 9537 2224

st kilda Cafes

  • Fuel Eatery38 Inkerman Streetst kilda VIC 318203 9537 3338
  • Mia Stanza Caffe181 Fitzroy Streetst kilda VIC 318203 9593 8572
  • Beachcomber Cafe10-18 Jacka Blvdst kilda VIC 318203 9593 8233

st kilda Schools

  • Christ Church St Kilda14 Acland Streetst kilda VIC 3182(03) 9534 3892Adult Multicultural Education Service
  • Caulfield Grammar School Senior School217 Glen Eira Roadst kilda VIC 3182(03) 9524 6300Private School
  • St. Kilda Primary SchoolBrighton Roadst kilda VIC 3182(03) 9534 3993State Primary School

st kilda Childcare

  • North St. Kilda Children's Centre71 Argyle Streetst kilda VIC 3182
  • Eildon Rd Child Care Centre17 Eildon Roadst kilda VIC 3182
  • Kinderclub35 Crimea Stst kilda VIC 3182

st kilda Kindergarten and Preschools

  • St. Michaels Grammar Kinder20 Redan Stst kilda VIC 3182

Find out How Much your House is Worth in st kilda

Request a free market Basic Report for st kilda to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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