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 In Lifestyle Property Management

St Kilda: Dynamic and Iconic

St Kilda’s welcomed transformation over recent years has seen the vibrant bayside area attract many new businesses, improved infrastructure and consequently, a high demand for property.

An iconic parcel of Melbourne, St Kilda’s welcomed transformation over recent years has seen the vibrant bayside area attract many new businesses, improved infrastructure and consequently, a high demand for property.

A broad demographic profile, encompassing investors, owner occupiers and tenants alike, is a testament to the suburb’s extensive appeal. Residents are drawn to the seaside locale for its walkability, array of quality amenities and close proximity to the CBD.

‘People love the area because everything is right at the doorstep, like the beach, many fantastic places to eat and the city is within easy reach,’ says Marshall White property manager, Neil Harris.

St Kilda is known for its lively foreshore, nightlife on Fitzroy Street, The Block transformation of the Gatwick Hotel and the famous Luna Park. The main promenade on Acland Street is home to Melbourne’s original haven of continental biscuit shops, many new cafes and restaurants, and a selection of boutiques. The strip has recently undergone a facelift, with accessibility for trams and pedestrians at the fore.

Improvements have also been made to Peanut Farm Reserve where the local men’s and women’s football leagues compete, and the beloved Hotel Esplanade, affectionately referred to as ‘The Espy’, reopened with a new look earlier this year.

‘In addition to the known local favourites, more and more new quality businesses are popping up, including Meatsmith, a specialty butcher and wine merchant, and the new Stokehouse restaurant.’

‘People love the area because everything is right at the doorstep, like the beach, many fantastic places to eat and the city is within easy reach,’

However, it’s not just the tourist attractions, trendy eateries and buzzing nightlife that keep St Kilda thriving.

‘We have seen the suburb change a lot in the last decade and it’s really exciting. The local community is diverse and many young families are settling in. Properties are being leased and sold at exceptional rates because the demand is so high,’ says Neil.

A significant drawcard of the area is the appeal of a healthy lifestyle. Noteworthy mentions are the St Kilda Sea Baths, foreshore running and cycling tracks, St Kilda Botanical Gardens, weekend markets and the Veg Out community gardens.

For further information on property in St Kilda please get in touch with our Marshall White Property Management Team who will be happy to assist with any questions. You can contact the team on (03) 9822 8711.

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