SOLD
Sold on 25 May 2024 for $1,223,000

5/1-5 Martin Street
St Kilda VIC 3182

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 168m2
Land area: 2063m2
Sold By
Belle Property St Kilda
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Property Details for 5/1-5 Martin St, St Kilda

5/1-5 Martin St, St Kilda is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 2063m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Unit sold in St Kilda in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
168m2
Land Size
2063m2
Local Government
Port Phillip
Lot/Plan
5/PS429500

Last Listing description (September 2024)

This one-of-a-kind warehouse conversion, originally a tool factory and now a breathtaking tri-level residence captures the essence of inner-city sophistication. Hidden down a tranquil laneway, the home opens to reveal an interior that exudes a distinctive New York loft vibe that is both striking and inviting.

The ground floor introduces a flexible front room that effortlessly transitions between a bedroom, a vibrant home office, or a sitting room, enhanced by a mezzanine level adding depth and character. Beyond, the dining area merges with a state-of-the-art chef's kitchen, creating an enviable environment for cooking enthusiasts. Outfitted with Corian benchtops, a 90cm Bosch oven, a six-burner cooktop, walk-in pantry, and a double-drawer dishwasher, this gourmet haven is primed for gastronomic masterpieces and social gatherings.

The architectural floating timber staircase leads to the first floor, where the light-filled living room captivates with expansive picture windows. This level is completed with a bedroom offering semi-ensuite access to a bathroom shared with another bedroom. Ascend further to the private sanctuary of the main bedroom, occupying its own floor and enhanced by a vibrantly tiled bathroom in bold blue hues, featuring a

shower-over-bath setup. Above it all, a rooftop terrace promises sun-soaked brunches or starlit parties surrounded by panoramic district vistas that stretch as far as the eye can see.

Additional amenities include a laundry, a guest powder room, split-system air conditioning, panel heating, substantial built-in storage, and a car space. The ground floor's polished concrete-style tiles perfectly accentuate the industrial chic aesthetic.

Located just moments from trams, Balaclava Station, and the vibrant dining and shopping districts of Acland, Chapel, and Carlisle Streets, the location combines serenity with the best of urban convenience. If you're ready to make a bold move, this unique home awaits your arrival.

Property History for 5/1-5 Martin St, St Kilda, VIC 3182

A timeline of how this property has performed in the market
Last Sold
$1,223,000
25 May 2024
Listed for Rent
$900/w
18 May 2023
  • 25 May 2024
    Sold for $1,223,000
  • 02 May 2024
    Listed for Sale Contact Agent
  • 28 Mar 2023
    Listed for Rent $900 / week
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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 17,887 properties. Over the last 5 years, Houses in St Kilda have seen a 7.18% increase in median value, while Units have seen a -2.34% decrease. As at 31 October 2024:

  • The median value for Houses in St Kilda is $1,569,643 while the median value for Units is $518,857.
  • Houses have a median rent of $620 while Units have a median rent of $515.
There are currently 49 properties listed for sale, and 42 properties listed for rent in St kilda on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in St kilda.

Suburb Insights for St Kilda 3182

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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.