5 Raglan St, St Kilda East is a 8 bedroom, 6 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last transferred in August 2019.
An extraordinary combination of a timeless Edwardian home and three distinct units, this stunningly positioned, large-block rarity promotes potential to capitalise on a thriving rental market, reimagine from the ground up, or repurpose entirely with a series of cutting-edge, luxury residences.Its current configuration ideal for attracting passive incomes while council plans progress, outstanding dimensions and no heritage overlay prove perfect for a multi-dwelling development, with second frontage to a wide, asphalt laneway streamlining construction access and broadening architectural possibilities. Exquisite period features ensure the charismatic home remains a superb prospect for a tasteful, family-minded renovation, with ample room available to make the most of a sun-soaked yard with an in-ground pool and entertainers setting. Without question of the most inspiring land prospects anywhere its prestigious locale, the vibrant nightlife, first-rate coffee, eclectic retail, and renowned restaurants of Carlisle and Chapel Street sit just steps away. Balaclava Station and Dandenong/St Kilda Road trams promise a quick commute to the CBD via Albert Park Lake, the blissful Botanic Gardens, and lively Arts Centre, with the areas revered public and private schools (zoned for Windsor Primary and Elwood College) nearby.Land size: 852sqm (approx.)* All potential uses of the parcel and/or dwellings are subject to council approval
The size of St Kilda East is approximately 2.3 square kilometres. There are 9 parks, covering nearly 6.8% of the total area. The population of St Kilda East in 2016 was 13101 people. By 2021 the population was 12571 showing a population decline of 4.0% in the area during that time. The predominant age group in St Kilda East is 30-39 years. Households in St Kilda East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda East work in a professional occupation.In 2021, 48.80% of the homes in St Kilda East were owner-occupied compared with 44.30% in 2016.
St Kilda East has 7,878 properties. Over the last 5 years, Houses in St Kilda East have seen a -4.51% decrease in median value, while Units have seen a 1.70% increase. As at 30 April 2026:
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