StratMap. Match Map Model St kilda east Browse All LGAs All suburbs
Map mode Researching where to invest. Save areas with the star icon to see them in your tracker's Match sidebar. Switch to Model mode →
SUBURB · VICTORIA · 3183

St Kilda East

Vibrant inner-Melbourne suburb 6km south-east of the CBD, in the City of Glen Eira. Leafy streets blending Victorian and Edwardian homes with modern apartments and stylish townhouses. Excellent public transport, proximity to St Kilda precinct + Caulfield Grammar.
Apartment thesis 6km SE of CBD Units yield 5.10% Data refresh: HtAG Jun 2026

What we're buying here

The apartment-thesis read on St Kilda East as an investment market.

Apartment / low-density build
St Kilda East sits inside the gentrified Glen Eira corridor where the play is units, not houses. Median unit price is $606K (versus $1.51M for houses) and unit yield runs at 5.10% gross vs 3.40% for houses — that's the structural gap that makes the apartment thesis work here. Older walk-up blocks and 1960s-70s mid-rises sit alongside new boutique developments; the buyable pocket is the apartment market, not the period-home market.

Overview

St Kilda East, located in Victoria with the postcode 3183, is a vibrant suburb just 6 km southeast of Melbourne's Central Business District. It blends a diverse and multicultural atmosphere with a rich history. Leafy streets feature a mix of Victorian and Edwardian homes, modern apartments, and stylish townhouses.

The suburb boasts excellent public transport links, proximity to the bustling St Kilda precinct, and schools such as Caulfield Grammar. Popular with both young professionals and families, it offers a variety of cafes, shops, and parks, including Alma Park, enhancing its appeal as a lively and convenient place to live.

Source: HtAG Analytics Suburb Report (St Kilda East, VIC 3183). Distance to GPO: 7km.

Headline numbers: units vs houses

Apartment buyers focus on the left card. Houses shown for context.

UNITSFOCUS
Buy (median)$606K
Rent (median/wk)$595
Gross yield5.10%
ConfidenceHigh
Annual sales (units)345
Yield range by BR4%–11%
HOUSESCONTEXT ONLY
Buy (median)$1,507K
Rent (median/wk)$986
Gross yield3.40%
ConfidenceHigh
Annual sales (houses)76
Yield range by BR2%–11%

HtAG RCS scores

Four "Risk & Conviction Score" axes from HtAG Analytics (0–100, higher is better). Units lead.

Units

RCS™ (overall)
80
strong
Lower Risk RCS™
89
very low risk
Capital Growth RCS™
81
strong growth read
Cashflow RCS™
71
solid cashflow

Houses

RCS™ (overall)
44
mid-band
Lower Risk RCS™
54
moderate
Capital Growth RCS™
43
mid
Cashflow RCS™
36
weak — affordability ceiling
Note for James: the four RCS sub-scores on the HtAG PDF page 4 (houses) appear as values 36, 43, 54 + an extra value 76 in a separate location, and on page 10 (units) 71, 81, 89 + 345. I've mapped them to Lower Risk / Capital Growth / Cashflow following the same convention as the HtAG web pages (Richmond reference), and treated 76 / 345 as separate metrics (likely annual sales volume — 76 houses sold, 345 units sold per year). Please double-check the PDF's labels match what I've assigned.

By bedroom count

Buy / rent / yield breakdown across bedroom types. From HtAG Analytics median data.

Units

BedroomsMedian buyMedian rent (wk)Gross yield
1BR$348K$4356.49%
2BR$626K$5784.80%
3BR$845K$7744.76%
All units$606K$5955.10%

Houses

BedroomsMedian buyMedian rent (wk)Gross yield
2BR$1,090K$7933.78%
3BR$1,519K$9153.13%
4BR$1,912K$1,2513.40%
All houses$1,507K$9863.40%

Supply & demand

Market dynamics from HtAG: stock on market, vacancy, days on market, clearance rate.

Days on Market (units)
27
median time to sell
Vacancy Rate (units)
1.23%
tight rental market
Clearance Rate
52.74%
auction-cleared share
Stock on Market (units)
0.36%
very low supply
Inventory (months)
1.37
under 3mo = tight
Hold Period
10.95 yrs
avg time owners hold

For houses: Days on Market 26 · Vacancy 1.23% · Stock on Market 0.37% · Inventory 1.66 months · Hold Period 10.14 years. Similar dynamics, slightly thinner liquidity.

Area stats

Demographics + risk + amenity. Source: HtAG Analytics.

Population
12,571
total residents
Dwellings
7,235
total properties
School Rank
61
/100 (HtAG)
Owner-occupied
49%
vs renter
Note for James: page 2 of the HtAG PDF shows 4 quick stats (12,571 / 7,235 / 61 / $1,083). The labels aren't extractable as text — I've mapped them to Population / Dwellings / School Rank / something monetary (likely median weekly household rent or infra spend per resident). The $1,083 value isn't shown above pending your confirmation of what it is. Please verify the label assignments against the PDF visually.

Parent LGA: City of Glen Eira

St Kilda East 3183 sits inside the City of Glen Eira, which spans Caulfield, Carnegie, Murrumbeena, Bentleigh, Elsternwick, and surrounding suburbs.

The full City of Glen Eira LGA report is pending — drop the HtAG LGA PDF (city-of-glen-eira.pdf) into ~/Desktop/apartment-lga-reports/ and I'll generate the parent page with the same apartment-thesis treatment.

↑ Back to top