St Kilda East

POSTAL CODE: VIC, 3183
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The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,689,000.

Profits due to an downward trend in home prices there averaged -1.66% per annum over a 3-year period.

Home owners selling their properties and realtors in ST KILDA EAST usually have to wait an average of 52.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $600 mark, reflecting a 1.85% increase in returns based on the current median price in ST KILDA EAST.

ST KILDA EAST, 3183 places 371st in Australia based on median property value growth during the quarter.

Surburb overview

St Kilda East is an inner-south-eastern suburb of Melbourne located within the City of Port Phillip. The suburb is positioned approximately 7 kilometres south-east of the Melbourne central business district and is bordered by Balaclava, Caulfield North, Windsor and Elwood.

St Kilda East recorded a population of around 15,000 residents at the 2021 census, reflecting its compact size and relatively high residential density. The demographic profile includes a mix of young adults, professionals, families and older residents, with a median age close to the metropolitan average. Rental households make up a substantial proportion of the population, alongside long-term owner-occupiers in established dwellings. 

Housing in St Kilda East is characterised by a mix of apartments, flats and medium-density residential buildings, with some detached and semi-detached period homes. Residential density is highest near major roads and transport corridors, while quieter streets retain a more traditional inner-suburban form.

Public transport access is a defining feature, with multiple tram routes operating along Carlisle Street, Dandenong Road and nearby arterial roads. These services provide frequent connections to the Melbourne CBD, inner suburbs and surrounding activity centres.

There is no railway station located directly within St Kilda East, with nearby stations at Balaclava, Windsor and Caulfield providing access to the metropolitan rail network. Road connectivity is supported by Carlisle Street, Dandenong Road and St Kilda Road, though traffic congestion and limited parking are common during peak periods.

Local shopping and service amenities are concentrated along Carlisle Street, which includes supermarkets, cafés, restaurants, medical clinics and specialty retail. Additional retail and dining options are readily accessible in neighbouring suburbs such as Balaclava, Prahran and St Kilda. Educational facilities in and around St Kilda East include primary schools and proximity to secondary schools and tertiary institutions across the inner south-east.

Alma Park is a major recreational asset, providing open space, sporting fields, playgrounds and walking paths used by local residents. Additional neighbourhood parks and tree-lined streets support informal recreation and active transport. The suburb is located close to bayside recreational areas, with Elwood Beach and the foreshore accessible by tram, cycling or car. Shared walking and cycling routes connect St Kilda East with adjacent inner-city and bayside suburbs.

Employment among residents spans professional services, education, health care, retail and hospitality, with many commuting short distances to inner-city employment hubs. St Kilda East’s character is shaped by its inner-urban location, strong public transport access and mix of established medium-density housing and local services within Melbourne’s inner south-east.

 

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