12/323 Orrong Rd, St Kilda East is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in May 2022.
The space is remarkable, the presentation impeccable, the location quiet yet so convenient! Occupying the top floor at the rear of a fabulous '50's block, this three-bedroom apartment's impressive accommodation is sure to appeal to a broad range of buyers from work-at-home couples to savvy investors or even lifestyle focused families. A deep central hall and encircling natural light immediately establish a house-like sense of independence that's emphasized by generous room sizes, broad open-air views and a layout that shares just one common wall. Three bedrooms, two with floor to ceiling BIRs/storage, the larger main with study area, precede an expansive living and dining domain with character storage, a split system and balcony complemented by a stylishly renovated kitchen featuring Bosch appliances, excellent storage and breakfast area. A cleverly updated bathroom retains its vintage charm whilst offering sparkling spaces with bath and individual shower. Abundant built-in storage, pale parquetry floors, gas heating, split system, intercom security, a twelve only block with a rear entry shared by just six and undercover parking complete a truly exciting offering just footsteps from Alma Village cafes, shops and supermarket, Dandenong Road trams and buses with just minutes to Armadale, Malvern, Balaclava and Chapel Street, leading private schools and Ripponlea Primary.
Rental Return: $600-640 approx. per week
The size of St Kilda East is approximately 2.3 square kilometres. It has 9 parks covering nearly 6.8% of total area. The population of St Kilda East in 2011 was 12,574 people. By 2016 the population was 13,120 showing a population growth of 4.3% in the area during that time. The predominant age group in St Kilda East is 30-39 years. Households in St Kilda East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda East work in a professional occupation. In 2011, 45.8% of the homes in St Kilda East were owner-occupied compared with 44.3% in 2016.
St Kilda East has 7,763 properties. Over the last 5 years, Houses in St Kilda East have seen a 8.61% increase in median value, while Units have seen a -0.96% decrease. As at 31 October 2024:
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