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10/108 Park Street

St Kilda West, VIC 3182, Australia

$455,000

1 bed 1 bath 1 car

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Area Price Guide

$427,700 – $482,300

Indicative price guide range

🏘️

Comparable

📊

$730,000

Area median

⚖️

-38%

vs median

🗓️

3 weeks ago

Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

7 nearby schools

Catchment: St Kilda Primary School

Zoning

GRZ1 — General Residential Zone

Port Phillip Planning Scheme

Public transport

10 stops within 1.5km

Nearest: Fitzroy Street/Park Street (0.7km)

Traffic

Moderate congestion

Evening peak hours (4-7pm) see increased congestion on Park Street and Chapel Street due to retail and dining traffic. Morning peaks (7-9am) are moderate. Weekend traffic is lighter but shopping districts attract consistent midday congestion.

Flood risk

Medium

St Kilda West is located on the lower Yarra River floodplain and is likely to be covered by the Victorian Land Subject to Inundation Overlay (LSIO). The suburb faces moderate flood risk from Yarra River inundation during high rainfall events, particularly in low-lying areas near the river. Planning controls require elevated floor levels and flood-compatible design for new development.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

above average

Trend: stable

Nearby development

5 projects nearby

St Kilda West is experiencing gradual residential intensification driven by heritage village character, proximity to inner-Melbourne amenity, and strategic infill opportunity. Development activity focuses on mid-rise mixed-use and townhouse DAs along main streets (Fitzroy, Chapel, Alma) and public realm upgrades to support walkability. Council support for heritage-sensitive densification and local shopping precinct renewal is moderating development velocity but maintaining steady approval flow.

Heritage

Heritage listed

St Kilda West is a well-established inner-city suburb with a strong heritage character, featuring Victorian and Edwardian residential streetscapes protected under local heritage overlays. The suburb sits within the broader St Kilda cultural precinct, adjacent to iconic state heritage landmarks including Luna Park and the Palais Theatre. Properties are typically subject to conservation area controls that limit external alterations and emphasize retention of original architectural details.

Sources: Australian Gov open data + StMate AI

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About this property

Positioned in a boutique block of just 11, this bright top floor apartment delivers easy care living in one of St Kilda West's most sought after lifestyle pockets. Filled with natural light, the home features a welcoming central hallway leading to a spacious living, complemented by reverse cycle heating and cooling for year round comfort. An undercover balcony provides the perfect place to relax and unwind. The updated kitchen offers ample bench space, an electric cooktop and dishwasher, while the generous bedroom includes carpet, built-in robes and excellent natural light. A well maintained bathroom with shower over bath, laundry facilities and a separate toilet adds everyday functionality. Additional features include secure intercom entry and an off-street car space. An outstanding investment opportunity in a blue-chip location. Enjoy the convenience of a tram at your doorstep, with Fitzroy Street's vibrant cafés and restaurants, Albert Park Lake and the beach all just moments away delivering an enviable bayside lifestyle.