FOR SALE
$159,950 - $169,950

621/572 St Kilda Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Great Value Blue-chip Investment on St Kilda Road

This self contained and low maintenance investment property is a perfect affordable addition to any portfolio. Well located along the commercial hub of St Kilda Road, the apartment features a spacious studio living area, quality fitting, and fixtures, a pristine modern bathroom, as well as A/C heating and cooling. The building offers a well-maintained gym facility on ground level, 24-hour concierge, and secure lift access.
Public transport at the door, with easy accessibility to the city and St Kilda Beach. Wesley College is within walking distance and is in a very popular location as it's located across from the F1 Grand Prix track/Albert Lake.
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Property Details for 621/572 St Kilda Rd, Melbourne

621/572 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Bow Residential.

Building Type
Apartment

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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 13,429 properties. Over the last 5 years, Houses in Melbourne have seen a 10.42% increase in median value, while Units have seen a -4.84% decrease. As at 30 September 2024:

  • The median value for Houses in Melbourne is $1,244,874 while the median value for Units is $659,247.
  • Houses have a median rent of $628 while Units have a median rent of $630.
There are currently 91 properties listed for sale, and 42 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 622 properties were sold in the past 12 months in Melbourne.

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Peter Doan
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Winnie Wu
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Bow Residential
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