St Kilda Apartments

[pricey]

Hi guys,

Anyone have any idea as to what is happening to values on St Kilda aparments?

I know that Elwood has had some pretty good sales lately, so I was wondering what is happening around St Kilda. Is it on the rise like Elwood?

In particular Marine pde area.

 

[auspony]

Just as elsewhere in inner Melbourne - through the roof.


http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2006658039

The above sold last weekend for $305k. I have seen 1 br apartments in other areas of St.Kilda sell for $350k - http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2006646291

I just sold an IP in St.Kilda - unrenovated 1 br $283k prior to Auction - some very nice appreciation over 12 years

 

[pricey]

Wow, thanks. That is a massive increase. Do you think the appartments were underquoted in the first place?

 

[pricey]

any more news on St kilda?

 

[pieman]

its nuts...still unfortunately