423/572 St Kilda Road, Melbourne, VIC 3004 | Property Value & History | OnTheHouse
 
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423/572 St Kilda Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 2332m2
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Last updated 4 May 2026
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Property Details for 423/572 St Kilda Rd, Melbourne

423/572 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2008. The property has a land size of 2332m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
2008
Land Size
2332m2
Local Government
Port Phillip
Lot/Plan
403B/PS534363

Last Listing description (September 2019)

Welcome to Seasons Heritage Melbourne on St Kilda Road. A fantastic addition to any savvy investor's portfolio. Securely leased and part of the renowned Seasons hotel group this investment opportunity is the perfect cash cow.
This studio apartment currently returning $14,800 per year ($284.61 per week) until March 2023, with options of one (1) further terms of five (5) years. The apartment features a spacious open plan living, quality fittings and fixtures, sparkling modern bathroom, cooling and heating and private balcony.
Annual Lease - $14,800 per year ($284.61 per week)

Owners Corporation Admin Fees - Paid by Seasons (Tenant)
Water Rates - $896.00 per year - Paid by Owner
Council Rates - $385.85 per year- Paid by Owner
(all fees are approx. based from the contract supplied please review to your own satisfaction prior to purchase )
With transport at the door providing exceptional city access, and stroll to lively St Kilda Beach, Wesley College, Albert Park Lake/Golf Course and the tempting Fitzroy Street cafes and restaurants. Amenities include 24 hour concierge services, a gymnasium and a restaurant/bar on ground level.

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Property History for 423/572 St Kilda Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
$191,000
27 Feb 2019
  • 27 Feb 2019
    Sold for $191,000
  • 08 Jan 2019
    Listed for Sale $199,000
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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 13,704 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $2,238,081 while the median value for Units is $645,498.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 55 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 692 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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