521/572 St Kilda RoadMelbourne VIC 3004
Property Details for 521/572 St Kilda Rd, Melbourne
521/572 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.
Last Listing description (July 2025)
PRICE REDUCED DO NOT MISS
For investors only.
WE HAVE THE SECTION32 NOW READY TO BE SOLD
Securely leased to the renowned hotel operator, Seasons Heritage Melbourne, this well-maintained apartment is currently on a 5 years lease with 2 further options of 5 years each.
The lease agreement also allows the landlord to enjoy free accommodation for up to 21 days a year, at the hotel.
Well located along the commercial hub of St Kilda Rd, the apartment features spacious open plan living, quality fitting and fixtures, modern bathroom, heating and cooling.
Public transport is at the door, providing exceptional access to the city and St Kilda Beach, Wesley College, the Formula One Grand Prix track, Albert Park Lake/golf course and the Chapel Street entertainment precinct.
If you are a savvy investor looking for consistent return well above the long-term cash rate, this strategically located apartment will prove a valuable asset
Property History for 521/572 St Kilda Rd, Melbourne, VIC 3004
- 12 Sep 2025Listed for Rent $425 / week
- 16 Jul 2025Sold for $125,000
- 23 Jun 2025Listed for Sale $129,990
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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 13,697 properties. Over the last 5 years, Houses in Melbourne have seen a 17.97% increase in median value, while Units have seen a 0.12% increase. As at 31 January 2026:
- The median value for Houses in Melbourne is $2,372,013 while the median value for Units is $654,616.
- Houses have a median rent of $623 while Units have a median rent of $650.
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