FOR SALE
$300,000 - $330,000

14/79 Alma Road
St Kilda VIC 3182

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 32m2
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9%+ Return in Prime Location, Flexible High Yeild Investment Opportunity, or Perfect First Home

The Phone Code for this property is: 37613. Please quote this number when phoning or texting.
Discover this fantastic apartment that ticks all the boxes for both savvy investors and first-home buyers. Nestled in an unbeatable location, this property offers the ultimate convenience, with shops, bars, cafes, the beach, and public transport all within easy walking distance. Whether you're hopping on the tram a few steps away or catching a train just up the road, everything you need is right at your doorstep.
For investors, this is an incredible opportunity to add a high-performing asset to your portfolio. Operating as a short-term rental, producing over 9% return - this property boasts an impressive track record, generating an average of $33,000 annually through one platform alone. With 269 booked days in the last 12 months, currently at 83.5% occupancy rate, and an average nightly rate of $126, this is a proven income generator. Alternatively, as a standard rental, you can expect returns of $350 to $450 per week giving you an average of 6.9% return standard or 7.9% furnished -the choice is yours!
9%+ with Short Term Rental (STR) - Reports will be available at open for viewing
7.9% with a furnished standard rental at $500 per week
6.9% with an unfurnished standard rental at $400 per week
Detailed reports on the STR are available upon request for your review. Owner is happy to sell with all furniture and advanced bookings (currently up to March 2025) for you to take over the account. Plus, the owner is happy to assist/train you for up to 30 days from settlement to ensure you are ready to succeed if proceeding as an STR.
For owner-occupiers, this apartment offers a peaceful and private retreat set at the back of the building, away from the hustle and bustle. Fully electric and featuring secure undercover parking with your own separate title, you'll enjoy the added value and convenience of security undercover parking. Walking distance to all amenities, schools, medical, and transport, you cannot go wrong with this price, location, and convenience.
Property Features Include:
- Security Parking on its own title
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Property Details for 14/79 Alma Rd, St Kilda

14/79 Alma Rd, St Kilda is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 32m2. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Apartment
Floor Size
32m2

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About St Kilda 3182

The size of St Kilda is approximately 3.2 square kilometres. It has 17 parks covering nearly 21.5% of total area. The population of St Kilda in 2011 was 17,796 people. By 2016 the population was 20,234 showing a population growth of 13.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation. In 2011, 34.9% of the homes in St Kilda were owner-occupied compared with 33.5% in 2016.

St Kilda has 18,011 properties. Over the last 5 years, Houses in St Kilda have seen a 9.16% increase in median value, while Units have seen a -5.45% decrease. As at 30 November 2024:

  • The median value for Houses in St Kilda is $1,666,852 while the median value for Units is $521,594.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 60 properties listed for sale, and 37 properties listed for rent in St kilda on OnTheHouse. According to CoreLogic's data, 785 properties were sold in the past 12 months in St kilda.

Suburb Insights for St Kilda 3182

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For Sale By Owner (VIC)
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For Sale By Owner Australia Pty. Ltd.
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.