245A Barkly Street, St Kilda VIC 3182
245A Barkly Street, St Kilda VIC 3182
Ground-floor duplex apartment | private street entry and courtyard | 3-bedroom, 2-bathroom, 1-car | resort-style building amenities in St Kilda
What is competitively strong about this property is its configuration as a ground-floor duplex apartment within a larger complex, offering a private Barkly Street entrance, front gate, and a private courtyard—features that are rare in St Kilda’s apartment stock. The 120 m² internal area on a 200 m² land parcel provides house-like proportions, while the open-plan living, high ceilings, and modern finishes appeal to downsizers and professional couples seeking low-maintenance, single-level living with strong indoor-outdoor connection. The full building amenities—pool, gym, sauna, and rooftop spaces—further distinguish it from typical apartments, making it best suited for owner-occupiers prioritizing privacy, lifestyle, and convenience over pure investment yield.
Factors that may materially affect the property’s value include its ground-floor position, which might offer less privacy from street level than upper apartments, even with the front gate and courtyard. The amenity-rich building profile may carry higher owners-corporation fees than simpler stock, which could constrain rental yield. Its location in a busy inner-urban lifestyle precinct might introduce more traffic and nightlife activity, a trade-off for buyers seeking quieter suburban living. The absence of confirmed construction year or recent comparable sales nearby means the price view should be formed with caution, relying on the property’s unique configuration and condition rather than market momentum.
Detailed Independent Property Report prepared by PropCred Analyst team for 245A Barkly Street, St Kilda VIC 3182
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
St Kilda presents a clear two-tiered market, with its established house segment appealing to higher-income buyers seeking inner-city lifestyle and connectivity, while the high-volume unit market attracts investors and first-home buyers drawn by strong rental yields. Recent trends show modest house price appreciation contrasting with softening unit values, reflecting divergent pressures. Future demand is underpinned by enduring rental growth and its prime location, though high house prices constrain affordability and the substantial unit supply presents a key risk to capital growth in that segment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
200m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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