14 Havelock Street, St Kilda VIC 3182
14 Havelock Street, St Kilda VIC 3182
5-bed house | St Kilda bayside pocket | rare family footprint | walk to beach and trams | premium scarcity
This house is regarded as a rare offering in St Kilda’s Havelock Street pocket, where the existing stock is dominated by two-bedroom apartments and compact townhouses. A five-bedroom, three-bathroom configuration places it in the upper tier of family-oriented properties along this one-way residential stretch. The location is considered exceptional for walkability, with the beach, Acland Street, Carlisle Street, trams, and local parks all within a short stroll. That combination is seen as serving a family buyer who wants an inner-bayside lifestyle without a large block. The property is expected to appeal most strongly to owner-occupiers seeking a permanent home in a high-amenity area.
The value might be influenced by the condition and quality of internal finishes. A five-bedroom house in this location may attract a premium, but the level of modernisation could cap that premium. Nearby mixed-use redevelopment may alter the street’s character, though the residential feel is likely to persist. Construction noise and traffic are weighed against the convenience of the shopping and dining precincts.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Havelock Street, St Kilda VIC 3182
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
St Kilda’s inner-city Melbourne position and direct tram, train and road links to the CBD underpin a bifurcated market. Investor-led unit demand is strong, with 626 unit sales over the past year, drawn to gross yields near 5.67%. House buyers are higher-income, facing median prices of roughly $1.56–1.65 million. Price trends diverge: house growth ranged from 0.7% to 3.5% across sources, while unit prices declined between 1.3% and 3.8%. Rental demand is firm, with house rents up 5.4% and unit rents up 4.8% annually, though house rents vary widely by source. Units remain the affordable entry point, but high supply limits capital growth. School catchments are adequate. Affordability and interest-rate sensitivity are the key constraints.
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PropCred Estimated Value
Comparable Sales: 4 Havelock Street sold $1.65M, 21 Havelock Street sold $1.75M | Property Price Band: $1.6M–$1.8M | Value Drivers: rare 5-bed layout, prime walkable pocket, condition and presentation
Bedrooms
5
Bathroom
3
Parking
-
Land
165m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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