St Kilda East is led by a fast-moving apartment market. One-bedroom units near $400,725 have been clearing at close to full strength in about a month, and the deep two-bedroom market saw over a hundred sales clearing at around two in three. This affordable, well-located stock is drawing confident first-home buyers and investors in numbers.
The house market is more measured. Two-bedroom homes clear at around seven in ten, while the three-bedroom near $1.601m is the more selective segment, so houses reward realistic pricing.
Across the suburb the mood is positive. Clearance rates are consistently healthy, the market has shifted towards balance, and buyers are back engaging confidently now that prices have adjusted. Well-presented, turn-key homes are attracting the strongest competition. For vendors, trusting considered advice on pricing and presentation, and bringing the property to market at its best, is what turns this returning confidence into a competitive result.
Median sale price for houses in St Kilda East is $1,530,500, up 0.4% from last year.
Median sale price for units in St Kilda East is $577,500, down 6.9% from last year.
Properties sold for houses in St Kilda East is 91, down 9.9% from last year.
Properties sold for units in St Kilda East is 180, up 18.4% from last year.
Auction clearance for houses in St Kilda East is 67.1%, down 2.2% from last year.
Auction clearance for units in St Kilda East is 74.4%, up 15.5% from last year.
Av days on market for houses in St Kilda East is 43, up 2.4% from last year.
Av days on market for units in St Kilda East is 35, down 16.7% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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