Suburb Profile Report for St Kilda East VIC (3183)

St Kilda East House: Median price $1,407,500, Annual capital growth 9.44%, Number of sales 87, Weekly median advertised rent $610

St Kilda East Unit: Median price $510,000, Annual capital growth 5.31%, Number of sales 389, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 867th in the list of Australian suburbs ordered by increase in median house value over the last year, St Kilda East, 3183 is in the top 30% with a property value increase of 10.87% recorded in median house prices.

Taking the average capital gain, or increase in median house value, St Kilda East,3183 has racked up an average of 10.87% over the period. This ranks it number 276th in the whole country for real estate investors looking at median house price increases.

A $610 per week rent on the median house gives suburb investors a gross yield of circa 2.25%, without taking into account capital value appreciation, which has been averaging out at 9.44%.

St Kilda East has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -4.32% to date .

If we look at median property appreciation over just the last three months, St Kilda East has given property investors a paper return of -0.97%. This puts Suburb as 250 on a list of fastest fasting appreciating suburbs in VIC

Property buyers and investors in St Kilda East 3183 should be seeing an average reduction in asking price of around -5.46% . This means that St Kilda East is holding prices well when compared to other suburbs in VIC.

At number 263 in a list of fastest selling suburbs, St Kilda East is in the TOP 20% of suburbs in Australia with an average of days on market 52.5 for properties listed there.

St Kilda East, 3183’s gross rental yield is 3.87%

HOUSE UNIT
$1,407,500 $510,000
-1.57% -0.97%
10.87% -4.32%
9.44% 5.31%
$610 $380
87 389
2.25% 3.87%
N/A 52.5

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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Demographics
Total population 12574
Median household income ($/weekly) 1460
Median age of persons 32
Median housing loan repayment ($/monthly) 2039
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 1145 9.1
    25-34 years 3476 27.6
    35-44 years 2106 16.7
    45-54 years 1322 10.5
    55-64 years 1014 8.1
    Others 3512 27.9
    Age Group
    Census Count Percent(%)
    Not Married 4803 51.4
    Registered Married 3127 33.4
    Defacto Relationship 1422 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7649 65.1
    Indonesia 397 3.4
    Papua New Guinea 342 2.9
    United Kingdom 513 4.4
    Other 1153 9.8
    Others 1697 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 234 2.1
    Christianity 3454 31.0
    Hinduism 331 3.0
    Judaism 3509 31.5
    No Religion 3460 31.1
    Others 150 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 460 9.5
    $1,250-$1,499 444 9.2
    $1,500-$1,999 678 14.0
    $2,000-$2,499 401 8.3
    $2,500-$2,999 599 12.3
    Others 2270 46.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4734 47.9
    Not in the labour force 2474 25.0
    Employed, worked part-time 1946 19.7
    Employed, away from work 398 4.0
    Unemployed, looking for work 330 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 1067 15.1
    Professionals 2751 38.9
    Community & personal service workers 615 8.7
    Clerical & administrative workers 989 14.0
    Sales 572 8.1
    Others 1085 15.3
    Occupation
    Census Count Percent(%)
    Pre-school 249 8.5
    Infants/Primary 748 25.6
    Secondary 598 20.5
    Technical or Further Educational Institution 253 8.7
    University or other Tertiary Institutions 867 29.7
    Others 205 7.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 6100 53.3
    Separate house 3917 34.2
    Semi-detached, row or terrace house, townhouse 1425 12.5
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2772 52.8
    Being purchased 1380 26.3
    Fully owned 1077 20.5
    Other tenure type 22 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals