Get a property report and suburb profile for any property in St Kilda

St Kilda combines a strong seaside character with inner-urban life. The foreshore, St Kilda Pier and Luna Park anchor a lively precinct while Acland Street and Fitzroy Street provide cafés, cake shops, restaurants and bars, plus regular markets and live music venues such as the Palais Theatre. Streets behind the esplanade mix Victorian terraces and period homes with art-deco and contemporary apartment buildings nearer the water, and tram connections to the city make the area easy to reach. It attracts long-term locals alongside young professionals and creatives who value beachside recreation and a rich café and arts scene.

About 19,490 people live in St Kilda, with a median age of 36 and a typical household income of $1,779 a week (about $92,508 a year). Households are weighted towards couples and renting is the most common tenure at 62%. Local investment and changes include a rebuilt pier, a foreshore upgrade and a staged marina redevelopment, plus a major rebuild at St Kilda Primary School; there is also an inquiry into public housing relocations that includes St Kilda. Whether that mix suits you depends on what you want in a suburb.

Buying in St Kilda sits noticeably above local incomes at the last Census. A median house price of $1,310,000 is about 14.2 times a typical local annual household income at the last Census, which places house buying well above local incomes. The median unit price of $540,000 is about 5.8 times a typical local annual household income at the last Census, which is somewhat above local incomes.

Rents are also a significant share of local income. A house rent of $850 a week would take about 47.8% of a typical local household's weekly income at the last Census, a large share, while a unit rent of $575 a week would take about 32.3%, a sizeable share. If you are renting rather than buying, those rent shares are the figures that matter.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

If you are weighing St Kilda as an investment, last year’s figures point to falling prices alongside rising unit rents. House values fell 6.5% over the 12 months, a notable decline, while unit values dipped 1.0%, a slight fall. Unit rents rose 4.5% over the year, a modest increase, so the income side for units has been the stronger performer while both dwelling types saw price weakness (houses more sharply than units). Whether that balance suits your goals depends on whether you prioritise capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.