1302/454 St Kilda Road, Melbourne VIC 3004
1302/454 St Kilda Road, Melbourne VIC 3004
Premium lake and bay views | 167sqm apartment in Balencea | bespoke renovation | versatile three-bedroom layout
This property offers a rare combination of generous internal space and panoramic views in a premium building, which positions it strongly among luxury apartments in Melbourne’s inner ring. The bespoke renovation, herringbone floors, and integrated kitchen fixtures raise the finish above comparable listings, while the third bedroom’s conversion to a dressing room adds flexibility for downsizers or professionals seeking a city base. The building’s amenities and proximity to Albert Park Lake, Fawkner Park, and Domain dining further strengthen its appeal for buyers who prioritise lifestyle and convenience over land content.
The flood overlay is a specific risk that may affect insurance premiums or buyer financing, and strata fees should be verified given the shared lot size and building facilities. The current listing price reflects a significant uplift from the 2021 sale, so the buyer’s negotiating position depends on recent comparable sales and market conditions. For a buyer seeking a turnkey home or a low-maintenance city foothold, this property holds well as a long-term residence rather than a short-term flip, given the renovation is already complete and the location supports stable demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 1302/454 St Kilda Road, Melbourne VIC 3004
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Melbourne’s CBD core is a high-density residential hub where renewed buyer momentum is evident. Demand is driven by professionals, upgraders, and first-home buyers, attracted by improving affordability and proximity to major employment and lifestyle amenities. Recent price growth reflects this, supported by a tight rental market and critically low stock levels. Future growth hinges on sustained population inflows and constrained supply, though risks include a potential softening in sentiment and a recent rebound in new listings which could moderate price gains.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
2324m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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