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1323/555 St Kilda Road, Melbourne$1.15m

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1323/555 St Kilda Road

Melbourne, VIC 3004, Australia

$1.15m

3 bed 2 bath 2 car112 m²

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Listing description

About this property

- Three-bedroom, two-bathroom apartment in landmark Parque Apartments. - Master bedroom with private ensuite and walk-in robe. - Two additional bedrooms serviced by a stylish central bathroom. - Sleek kitchen with Miele appliances, stone benchtops and quality joinery. - Open-plan living and dining flowing to a balcony with city and park views. - Reverse-cycle ducted heating/cooling, timber flooring and double glazing - Secure parking, storage cage and video intercom. - Amenities include 25m infinity pool, concierge, chef's kitchen, library & lounge. Set within the acclaimed Parque Apartments, this three-bedroom, two-bathroom residence pairs generous proportions with the prestige of a landmark St Kilda Road address. Light-filled interiors, a large kitchen with Miele appliances, and a balcony with city views, plus access to resort-style amenities, create an effortless lifestyle just moments from Albert Park Lake, Fawkner Park and the CBD. The open-plan living and dining zone is designed for space and ease, while the main bedroom includes a private ensuite and walk-in robe. The remaining bedrooms, each with mirrored built-in robes, are serviced by a sleek central bathroom. Secure parking, a storage cage, ducted heating and cooling, lift access and video intercom complete this luxurious home. Residents also enjoy a remarkable suite of shared facilities, including a 25-metre pool, lounge areas, chef's kitchen, library, meeting room and 24-hour concierge. With tram access at the door and Melbourne's parks, dining and cultural precincts close at hand, this is city-edge living with genuine distinction.

Property Details

Property Type: apartment
Listing Type: Sold
Bedrooms: 3
Bathrooms: 2
Parking: 2
Land Area: 112 m²
Listed: 2 months ago

Repayment calculator

$5,575/month

$2,788 /fortnight

Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000

Stamp duty$63,250

Conveyancing (est.)$2,000

Total upfront$295,250

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 3-bedroom apartment in Melbourne, VIC 3004 sits within reach of public transport, local shops and nearby schools. It is listed 71% above the $672,500 median of 71 comparable apartmentswithin 5 km.

Schools near Melbourne

Eltham College - Lonsdale Street Campuscombined
Melbourne Grammar Schoolcombined · Prep-12 · CoEd
Melbourne Grammar School - Wadhurst Campuscombined
Victorian College For The Deafcombined · U · CoEd
Wesley Collegecombined · Prep-12 · CoEd
Holmes Grammar Schoolsecondary · 11-12

What's nearby

Southgate Landing - Berth 1 (ferry) — 3.3 km away
Rapha — 4.4 km away
Market Street Park — 3.7 km away
Unnamed — 3.8 km away
Unnamed — 4.2 km away

Melbourne at a glance

Full suburb profile

Population: 54,941
Median age: 29
Household income: $1,448/wk
Median rent: $381/wk
Median mortgage: $1,800/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Melbourne Primary School

Public transport

10 stops within 1.5km

Nearest: Commercial Road/Punt Road (0.5km)

Traffic

High congestion

Significant congestion occurs 7-9am northbound and 4-6:30pm southbound on St Kilda Road. Peak hour delays averaging 15-25 minutes are common. Tram traffic on St Kilda Road adds to congestion during peak periods.

Noise

High noise

Nearest: road (0.1km)

Risk & safety

Flood risk

Medium

Melbourne's flood risk is primarily driven by the Yarra River and its tributaries, with extensive LSIO coverage across inner and lower-lying suburbs including Docklands, Southbank, Carlton, and areas along Moonee Ponds Creek and Dandenong Creek. Historical events (notably 1891 and 1963) and recent modelling demonstrate significant inundation risk in these areas; however, risk varies substantially by suburb location, with elevated and peripheral areas generally experiencing low or negligible risk. Melbourne Water administers strict flood study controls and planning overlays to manage development in affected catchments.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

above average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone - Schedule 1

Melbourne Planning Scheme

Nearby development

6 projects nearby

Melbourne's development pipeline is active across inner-city renewal precincts (Fishermens Bend, Parkville) and CBD densification, with the Metro Tunnel project catalysing investment in connected corridors. Residential development is strong in inner and middle suburbs through apartment approvals and infill, while outer suburbs continue to see greenfield and townhouse subdivisions. Infrastructure investment and mixed-use precinct development remain the primary growth drivers.

Heritage

Heritage listed

Melbourne's central and inner suburbs contain substantial Victorian and Edwardian heritage, with many properties subject to Victorian Heritage Register listings and local heritage overlays. Conservation areas typically mandate careful stewardship of period architecture, street character, and significant built elements. Development is strictly controlled to preserve the city's 19th-century urban fabric and architectural integrity.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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