19 Spenser Street, St Kilda, VIC 3182 | House for sale | OnTheHouse
 
FOR SALE
$2,300,000 - $2,500,000 PLANS AND PERMITS

19 Spenser Street
St Kilda VIC 3182

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 443m2
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PLANS ALREADY DONE - BUILD, RENT, OR EXTEND. YOUR CHOICE.

**Plans for dual, luxury townhouses ALREADY DONE with beach views - knock down and start, renovate the current home or land bank. Endless opportunities!**
The value at 19 Spenser Street starts with a combination that is increasingly difficult to secure: less than 10km from Melbourne’s CBD, directly opposite Peanut Farm Reserve and just a five-minute walk to St Kilda Beach. Set in a no-through street away from the noise and exposure of Marine Parade, it gives buyers the double lifestyle advantage of parkland in front and the foreshore down the road, with cafés, shops, Woolworths and trams all within walking distance.
The existing home gives the site more than land value. A solid brick, double-fronted period residence with red brickwork, a wide verandah, decorative timber fretwork and high ceilings, it has the character and proportions to support a genuine renovation or extension. Four bedrooms, two bathrooms, generous living spaces and a deep rear garden give buyers a strong starting point if they want to restore, lease or hold.
For those looking further ahead, plans for two contemporary four-bedroom, three-bathroom townhouses have already been prepared. The proposed residences have been designed around the site’s strongest assets, with reverse living to capture the park outlook and roof deck elements taking advantage of the beachside position.
Whether renovated, held or developed, this is a property underpinned by the kind of location that continues to drive demand: beach in minutes, parkland in front and everyday St Kilda amenity on foot.
Property Features
● Currently returning $4,128 per calendar month, equating to approximately $49,536 per annum, with an extremely low vacancy rate.
● Beachside landholding: Approximately 443sqm in a position only 450m from St Kilda Beach.
● Park-front setting: Directly opposite Peanut Farm Reserve, adding outlook, openness and lifestyle appeal.
● Quiet street advantage: No-through street position away from the constant movement of Marine Parade.
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Property Details for 19 Spenser St, St Kilda

19 Spenser St, St Kilda is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 443m2. The place is currently for sale with Professionals First & Co.

Building Type
House
Land Size
443m2
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About St Kilda 3182

The size of St Kilda is approximately 3.2 square kilometres. There are 17 parks, covering nearly 21.5% of the total area. The population of St Kilda in 2016 was 20230 people. By 2021 the population was 19490 showing a population decline of 3.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation.In 2021, 37.10% of the homes in St Kilda were owner-occupied compared with 33.50% in 2016.

St Kilda has 18,595 properties. Over the last 5 years, Houses in St Kilda have seen a -12.61% decrease in median value, while Units have seen a -0.39% decrease. As at 30 June 2026:

  • The median value for Houses in St Kilda is $1,550,732 while the median value for Units is $549,533.
  • Houses have a median rent of $900 while Units have a median rent of $550.
There are currently 46 properties listed for sale, and 48 properties listed for rent in St kilda on OnTheHouse. According to Cotality's data, 894 properties were sold in the past 12 months in St kilda.

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Eddie Fu
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Chloe Ha
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Professionals First & Co
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