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Overview
Situated on a prized north-facing 650sqm parcel in one of St Kilda East’s most coveted avenues, this character-filled period residence offers a wealth of lifestyle opportunities. The existing home balances classic charm with ample space in its four bedrooms and two bathrooms, featuring multiple living areas that include a spacious front lounge enhanced by a gas fireplace and a separate dining area, presenting a versatile layout for both comfortable family living and entertaining.
The generous kitchen serves as a functional heart of the home, adjacent to a sun-drenched backyard that captures the northern sunlight, creating an inviting outdoor space perfect for relaxation or gatherings. Additionally, a private studio or home office provides tailored space for work or creative pursuits, reinforcing the home’s adaptability to varied needs.
Beyond its current appeal, the property holds significant development potential, supported by approved plans and permits for two luxury town residences, making it an attractive proposition for those interested in renovation or investment. Its rare availability in such a tightly held precinct equally suits those seeking a delightful family home or a savvy development opportunity, with proximity to leading schools, parklands and convenient transport enhancing its desirability.
Local Market Insights
In St Kilda East, Quiet Listings observed 4 new houses entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $1,676,250. The property type mix of listed properties is predominantly Apartments at 56%, followed by houses (22%), and townhouses (22%). The most active agency for houses in the St Kilda East area is currently Marshall White, representing 25% of new listings, followed by Woodards Real Estate with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.