St Kilda snapshot
- Median price: $968,304
- Median weekly rent: $728/wk
- Population: 25,715
- Days on market: 43 days
How St Kilda stacks up
- Rental Yield: Moderate
- Capital Growth: Soft
- Vacancy: High
About St Kilda
St Kilda, located in Victoria, is a vibrant suburb with a population of approximately 25,715 residents. The median property price stands at $968,304, which reflects the area's desirability and potential for growth. While the capital growth has been classified as soft, investors might find opportunities in the long-term appreciation of property values in this popular coastal suburb.
The rental market in St Kilda offers a median weekly rent of $728, indicating a moderate rental yield. However, it is important to note that the rental vacancy rate is high, which could present challenges for landlords. Investors should weigh these factors carefully, considering the suburb's lifestyle appeal and proximity to amenities, which may attract tenants despite the current rental market conditions.
Frequently asked questions
What is the median property price in St Kilda?
The median property price in St Kilda is $968,304.
How much is the median weekly rent?
The median weekly rent in St Kilda is $728.
What is the population of St Kilda?
St Kilda has a population of approximately 25,715.
How long do properties typically stay on the market?
Properties in St Kilda typically stay on the market for about 43 days.
What is the rental vacancy situation in St Kilda?
The rental vacancy rate in St Kilda is currently high.