Demand
Weak— flat
Confidence: High
Selling times are 17.5% above the five-year norm. Latest reading 38.0 against a five-year average of 32.4.
- Latest
- 38
- 12 months ago
- 33.59
- 5-year average
- 32.35
- 5-year range
- 23.4 – 39.3
12/88 Acland Street
St Kilda 3182 · Apartment · 2 bed · 1 bath · 1 car · built 1998
- Estimated value
- $630,000
- Valuation range
- $592,000 – $668,000
- Estimated rent
- $448/wk
- Gross yield
- 3.7%
Estimate confidence: Moderate. Modelled from suburb medians and recorded transactions — not a valuation or financial advice.
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What would this property actually cost you?
Stamp duty, government charges, settlement cash and the monthly cost of holding it.
Work out the all-in cost →Transaction history
| Date | Event | Method | Amount |
|---|---|---|---|
| 1 February 2024 | Sold | Auction | $582,000 |
| 1 February 2026 | Leased | APU derived record | $421/wk |
Market context
Signals for St Kilda
Price Momentum
Neutral▼ falling
Confidence: Low
Annual price growth is in line with the five-year average. Latest reading 1.9 against a five-year average of 1.9.
- Latest
- 1.9
- 12 months ago
- 2.35
- 5-year average
- 1.91
- 5-year range
- 1.3 – 2.6
Rental Conditions
Firm▼ falling
Confidence: Moderate
Vacancy is running 4.5% below the historical average. Latest reading 1.9 against a five-year average of 2.0.
- Latest
- 1.9
- 12 months ago
- 2.3
- 5-year average
- 1.99
- 5-year range
- 1.5 – 2.3
Rental Pressure
Firm— flat
Confidence: Moderate
Rental growth is 5.2% above the five-year average. Latest reading 6.3 against a five-year average of 6.0.
- Latest
- 6.31
- 12 months ago
- 5.94
- 5-year average
- 6
- 5-year range
- 5.2 – 6.7
Affordability
Firm▼ falling
Confidence: Moderate
The price-to-rent multiple sits 9.6% below its five-year average. Latest reading 27.0 against a five-year average of 29.8.
- Latest
- 26.96
- 12 months ago
- 28.13
- 5-year average
- 29.81
- 5-year range
- 27.0 – 32.9
Supply
Neutral▼ falling
Confidence: Low
Advertised stock is in line with the five-year average. Latest reading 97.7 against a five-year average of 96.0.
- Latest
- 97.68
- 12 months ago
- 107.43
- 5-year average
- 96.01
- 5-year range
- 71.4 – 112.9
Comparable properties
| Address | Type | Beds | Estimate | Yield |
|---|---|---|---|---|
| No comparable properties tracked yet. | ||||
Local development activity
- Transport
Suburban Rail Loop East
Under construction · 2035
Reshapes access between middle-ring employment centres and lifts development capacity around six new stations.
Tunnelling underway between Cheltenham and Box Hill; precinct structure planning continues alongside.
- Transport
Metro Tunnel precinct uplift
Operating · Now
New CBD-fringe stations are already redirecting rental demand and apartment supply.
Station catchments at Parkville, Anzac and Arden are the focus of rezoning activity.
- Planning reform
Activity centre rezoning program
Announced · 2026-2028
Higher permitted densities across dozens of centres change the medium-term apartment pipeline.
Watch approval volumes in nominated centres for early supply signals.
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