135 Inkerman StreetSt Kilda VIC 3182
Property Details for 135 Inkerman St, St Kilda
135 Inkerman St, St Kilda is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 3636m2 and floor size of 54m2.
Last Listing description (October 2019)
Located in the iconic ALDI development, designed by renowned architect Bruce Henderson, this luxurious, 62sqm apartment including a north-facing balcony is receiving substantial cash flow, resulting in a net positive position of all holding costs.
Currently leased to Adara Apartments, it is receiving an income of around $440 per week ($1902 per calendar month) from the second you take over ownership, providing a return of over 6.5%.
This is truly a great opportunity to secure an investment apartment like no other.
Investment Benefits
- Current lease period until 2022, with 2 further 5 year options. This potentially means no vacancy rates for the next 15 years!
- There are no agency property management fees as everything is internal with Adara Apartments.
- When the lease is over, the apartment will increase in value as it will be attractive to a much broader market (owner occupiers)
- Every year the rental figure is reviewed and increases approx. 3%
Property History for 135 Inkerman St, St Kilda, VIC 3182
- 23 Aug 2019Listed for Sale Asking Price $340,000
- 04 Jun 2019Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/3eixmyk3pii6xpw6z5gtivtbdu?signature=250d431b35e71bffbd20527753c570a1f5b7ac46197ea52fde0a2976d4a3b705){kind=logo}
0
/assets/perm/utmcggqu2ei6vhmijwsn6xkcde?signature=fc77130253da747431258e6edf5ea538ca9dcd19923c18e759fb85b552052a08){kind=logo}
0/assets/perm/jndmlmo5tai63ooygp6ib572xy?signature=5bbcd86967a4d8f198142c8004045405c818ca98fadde2f2d97a855acb61af46){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About St Kilda 3182
The size of St Kilda is approximately 3.2 square kilometres. It has 17 parks covering nearly 21.5% of 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 18,703 properties. Over the last 5 years, Houses in St Kilda have seen a -6.72% decrease in median value, while Units have seen a -1.41% decrease. As at 31 March 2026:
- The median value for Houses in St Kilda is $1,552,221 while the median value for Units is $541,402.
- Houses have a median rent of $900 while Units have a median rent of $550.
Suburb Insights for St Kilda 3182
Market Insights
St Kilda Trends for Houses
N/A
N/A
View TrendN/A
N/A
St Kilda Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
