5/31 Park Street, St Kilda West, VIC 3182 | Property Value & History | OnTheHouse
 
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5/31 Park Street
St Kilda West VIC 3182

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1029m2
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Last updated 8 Dec 2025
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Property Details for 5/31 Park St, St Kilda West

5/31 Park St, St Kilda West is a 2 bedroom, 1 bathroom Unit. The property has a land size of 1029m2.

Building Type
Unit
Land Size
1029m2
Local Government
Port Phillip

Last Listing description (August 2023)

This superb two bedroom house size apartment is located only one street back from the beach in a tranquil landscaped garden setting. This grand first floor front apartment is in an elegant Tudor style building and features spacious rooms and high ceilings.
Apartment 5 comprises:
-Impressively spacious entry hall with built-in cupboards and beautiful timber floors

-Expansive open plan living area with split system and baronial scale decorative open fire (please note: fireplace is not operational)
-Open plan kitchen to living area with quality cabinetry, dish drawer dishwasher & gas cooktop, 2nd access via rear stairs
-King size master bedroom with BIRs, panel heating and French doors to sunny private balcony
-2nd bedroom with single built-in robe
-Renovated central bathroom with laundry taps
-This landmark building is in a beautiful tree lined street in an ultra convenient location only moments away from the beach, Fitzroy St, Middle Park, Albert Park Lake, city trams & light rail, and all the best cafes and shopping in the district. A must see!
- 6 or 12 month lease available

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Property History for 5/31 Park St, St Kilda West, VIC 3182

A timeline of how this property has performed in the market
Listed for Rent
$600/w
22 Aug 2023
  • 16 Jul 2023
    Listed for Rent $600 / week
  • 23 Jan 2023
    Listed for Rent $575 / week
  • 02 Nov 2020
    Listed for Rent $515 / week
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About St Kilda West 3182

The size of St Kilda West is approximately 0.5 square kilometres. It has 7 parks covering nearly 18.1% of total area. The population of St Kilda West in 2016 was 3162 people. By 2021 the population was 2951 showing a population decline of 6.7% in the area during that time. The predominant age group in St Kilda West is 30-39 years. Households in St Kilda West are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Kilda West work in a professional occupation.In 2021, 46.50% of the homes in St Kilda West were owner-occupied compared with 42.70% in 2016.

St Kilda West has 1,962 properties. Over the last 5 years, Houses in St Kilda West have seen a -3.67% decrease in median value, while Units have seen a 9.57% increase. As at 30 November 2025:

  • The median value for Houses in St Kilda West is $2,419,449 while the median value for Units is $656,786.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and 3 properties listed for rent in St kilda west on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in St kilda west.

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© Copyright 2025. 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.

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