26 Graylings Grove, St Kilda East VIC 3183
26 Graylings Grove, St Kilda East VIC 3183
multi-unit townhouse site | 351m² land | 3-level contemporary design | 24m² terrace | low-maintenance inner-urban living
This property sits within a multi-townhouse development on a compact 351m² site, offering a modern infill product that is less common in St Kilda East’s established housing stock. The three-level configuration with private lower-ground entry and a 24m² terrace provides genuine house-like living without the land burden, making it particularly suited to downsizers, professional couples, and small households seeking low-maintenance urban convenience. The contemporary townhouse design and off-street parking align well with demand from owner-occupiers trading older apartments for more space, while the inner-suburb location supports strong appeal for those wanting proximity to amenity without a detached house’s upkeep.
The multi-level layout may affect accessibility for some buyers, while the strata-style ownership structure could influence long-term flexibility and holding costs. The modest land size limits future expansion potential but supports the low-maintenance proposition. The reported 99m² floor area across three levels may feel compact compared to single-level alternatives, and the property’s position within a multi-dwelling site might reduce privacy relative to standalone housing. These factors should be weighed when forming a view on price, particularly as the townhouse format typically appeals to a narrower buyer pool than detached houses in this suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Graylings Grove, St Kilda East VIC 3183
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
St Kilda East is an established inner-city suburb positioned for urban professionals seeking proximity to beaches and CBD amenities. Demand is driven by this demographic and investors attracted to solid rental yields for units. Recent price trends for houses show some sensitivity, with a varied performance indicating a stabilising market, while the unit segment demonstrates stronger momentum. Future growth is supported by its enduring locational appeal and transport links, though high price points present an affordability constraint that moderates broader buyer activity.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
351m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!