723/572 St Kilda Road, Melbourne, VIC 3004 sold on 11 May 2026 | OnTheHouse
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Sold on 11 May 2026 - Price Unavailable

723/572 St Kilda Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 723/572 St Kilda Rd, Melbourne

723/572 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (May 2026)

• Great rental return opportunity with over 8% yield
• Sun-drenched, East-facing Level 7 apartment flooded with exceptional natural light.
• Never-to-be-built-out views over the heritage Warwillah Mansion and St Kilda Road.

• Long, undercover balcony offering a seamless outdoor space with a beautiful leafy backdrop.
• Impeccably presented and in excellent condition with a low-maintenance, highly functional floorplan.
• Smartly designed modern galley kitchen featuring quality fittings, a cooktop, and an oven.
• Bright, cozy bedroom with mirrored built-in robes, a full-size window, and direct balcony access.
• Sparkling contemporary bathroom with internal laundry facilities, plus climate-controlled heating and cooling.
• Includes one secure, undercover car space alongside secure building entry.
• Unbeatable convenience with trams at your doorstep and moments to Albert Park Lake, St Kilda Beach, and Chapel Street.
• Offers strong rental returns with the flexibility for owner-occupation or private leasing at settlement.

Positioned high on Level 7, this prime corner apartment offers an ultimate inner-city sanctuary bathed in brilliant natural light. Boasting a coveted East-facing orientation, the residence gazes out over the beautifully restored, heritage-listed Warwillah Mansion, which also serves as the building's grand main entrance. Thanks to this unique vantage point, the sweeping views across the tree-lined canopy of St Kilda Road are completely uninterrupted and will never be built out. It is a rare opportunity to secure a slice of Melbourne's architectural charm combined with modern lifestyle perfection.

Presented in fantastic condition, the thoughtfully designed floorplan is a masterclass in low-maintenance, relaxed living. The open-plan living and lounge zone flows seamlessly onto a long, undercover balcony, providing a picturesque leafy outlook that can be enjoyed all year round. Inside, a clever galley kitchen comes fully equipped with a cooktop and quality fixtures, while the bright bedroom features mirrored built-in robes. A sparkling modern bathroom with integrated laundry facilities, ample built-in storage, and split-system heating and cooling complete this cozy, highly functional home.

Beyond the grand entrance, a truly world-class lifestyle awaits right at your doorstep. Located directly opposite Wesley College, this highly convenient address places public transport just meters away, ensuring a rapid commute into the CBD. Spend your weekends strolling to the nearby Albert Park Lake, Melbourne Sports and Aquatic Centre (MSAC), or Fawkner Park. When it comes to dining and entertainment, you are spoiled for choice with the vibrant cafes of Fitzroy Street, the bustling boutiques of Greville and Chapel Streets, Prahran Market, and the iconic St Kilda Beach all just moments away.

Whether you are an astute investor seeking a high-performing asset with great rental return opportunity with over 8% yield , or a first-home buyer craving a blue-chip city pad, this boutique residence ticks every box. The property includes highly sought-after secure entry and one secure undercover car space for ultimate peace of mind. Offered with the flexibility of vacant possession for owner-occupiers, or the ability to commence private leasing immediately at settlement, this impressive apartment is ready and waiting to inspire its next lucky owner.

Property History for 723/572 St Kilda Rd, Melbourne, VIC 3004

A timeline of how this property has performed in the market
Last Sold
11 May 2026
Listed for Rent
$350/w
26 Jul 2022
  • 11 May 2026
    Sold for $332,550
  • 20 Apr 2026
    Listed for Sale $300,000 - $330,000
  • 13 Jul 2022
    Listed for Rent $350 / week
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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 71 properties listed for sale, and 57 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 696 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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Ben Vu
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Ray White Southbank | Port Phillip
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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.