206/126 Carlisle Street, St Kilda VIC 3182
206/126 Carlisle Street, St Kilda VIC 3182
1998-built 2/1/1 apartment | St Kilda walkable amenity corridor | flood and heritage overlays present | NBN Fibre to Building | solid rental depth
This late-1990s flat apartment offers a practical two-bedroom, one-bathroom configuration with a dedicated car space, a layout that suits first-home buyers, downsizers, or investors seeking reliable rental returns in a well-connected inner-bayside pocket. Its construction date places it in the mid-age low-rise segment, distinct from St Kilda’s older period conversions or newer high-rise towers, and the building’s position along Carlisle Street provides immediate access to trams, cafés, and the beach. The property is zoned for St Kilda Primary School and Elwood College, while the broader area supports strong lifestyle appeal, making it a sound choice for owner-occupiers who value walkability and for investors targeting consistent tenant demand.
The flood overlay identified on the title record may affect insurance costs or future renovation feasibility, and the heritage overlay could impose restrictions on alterations to common areas or the building envelope. The apartment’s exact floor level, aspect, and internal finish quality are not confirmed from available data, so these factors could meaningfully influence both liveability and resale value. Buyers should weigh these constraints against the property’s established location and functional layout when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 206/126 Carlisle Street, St Kilda VIC 3182
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
1059m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!