3 Lyell St, St Kilda is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2007.
Remarkably, this hidden veteran of the bayside scene has sat almost untouched, hidden in plain sight by the contemporary St Kilda that now surrounds it! Unique and quirky it may be, but its potential is simply undeniable for those seeking an affordable entry to the bayside market, possible value-add investment or boutique development site with dual zoning possible (STCA) so close to every St Kilda drawcard. Behind a high fence, four original period rooms enjoy high ceilings and hardwood timber floors, providing immediate current day comfort as say two bedrooms, a light filled lounge with firebox and a functional kitchen/dining with early OFP. At the rear, extended spaces include a fifth room adaptable as a study or possible third bedroom, basic bathroom and compact courtyard. Restore and retain this piece of St Kilda s early fabric, renovate over time or start again with a new project in a position set to reward, whatever the future may hold. Investors note: it has proven to be a reliable and high rental performer for the past 10 years. Walk to Fitzroy, Carlisle and Acland Streets, the beach and foreshore promenade, CBD bound trams, even Chapel Street is just moments away!
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 18,695 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:
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