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VIC › St Kilda › The Esplanade

203a/14-16 The Esplanade, St Kilda VIC 3182

For saleApartment

$2,150,000–$2,365,000

For sale

Asking range

3

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,150,000–$2,365,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,150,000–$2,365,000(Listing record · 6 May 2026)
  • CalculationIf it leased at St Kilda's advertised median rent ($547/wk), implied gross yield would be 1.32% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,150,000–$2,365,000

Asking range

No recorded sale for this property.

St Kilda at a glance

23,207

People

No data

Median sale

$547/wk

Median rent

No data

Suburb gross yield

See the full St Kilda report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,150,000
Stamp Duty (Victoria)
$119,750
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,277,064

$127,064 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with St Kilda's advertised median rent — not a rent for this listing.

Net yield
-0.18%
Annual cashflow (pre-tax)
$-115,606
Interest cover (DSCR)
-0.03
Annual rent
$28,444
Operating expenses
$32,250
Loan amount
$1,720,000
Annual interest
$111,800
Gross yield
1.32%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,150,000–$2,365,000available6 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $547/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

St Kilda in one glance

St Kilda at a glance

23,207

People

No data

Median sale

$547/wk

Median rent

No data

Suburb gross yield

See the full St Kilda report →

Keep researching

  • Why St Kilda? Read the area thesis →
  • What else is on the market in St Kilda →
  • Other records on The Esplanade →

Listing material

Listed by ZED Real Estate

Saint Moritz, A Benchmark Few Can Replicate

There are apartments along the St Kilda foreshore, and then there is Saint Moritz.

Positioned directly opposite the bay, this tightly held address represents one of Melbourne's most complete lifestyle offerings, where absolute beachfront living is paired with a level of service, wellness and hospitality rarely delivered within a residential setting. Buyers here are not simply purchasing an apartment, they are buying into a lifestyle that operates at a different level.

Within this setting, the residence reflects that same level of consideration, combining scale, functionality and refined finishes to create a home that is both highly liveable and quietly impressive. Comprising three bedrooms, three bathrooms and secure parking for two vehicles, the layout has been designed to maximise flow, natural light and everyday usability, while maintaining a sense of privacy and calm.

Read the full description

At the centre of the home, a dual kitchen design anchors the living space. The main kitchen is appointed with Calacatta marble and premium Gaggenau appliances, creating a striking yet functional environment suited to both daily use and entertaining. Complementing this is a fully equipped secondary kitchen within the butler's pantry, effectively providing two kitchens and allowing for discreet preparation, additional cooking capacity and a seamless hosting experience where the main space remains composed at all times. An additional integrated wine fridge further enhances the entertaining capability, reinforcing the home's focus on lifestyle and ease.

The living domain is defined by clean architectural lines and enhanced by a bio-ethanol fireplace, introducing warmth and ambience without the constraints of a traditional system. It is a space designed not only to be enjoyed, but to adapt effortlessly across seasons and occasions.

The master suite continues this theme of refinement, enhanced by bespoke upgrades including additional custom mirrors and a built-in marble chest of drawers. These considered additions improve both light and spatial perception while providing practical storage, elevating the overall experience beyond standard inclusions within the building.

Beyond the residence, Saint Moritz distinguishes itself through an integrated offering that extends far beyond the walls of the apartment. A 24-hour concierge service manages valet parking, deliveries, bookings and in-residence services, allowing daily life to operate with ease and efficiency. Onsite services such as car washing and dog grooming further support a low-maintenance, high-comfort lifestyle.

Leisure and entertainment are delivered at a level rarely seen, with access to a private Gold Class cinema, curated library, golf simulator and dedicated children's playroom, providing residents with the ability to entertain and unwind without leaving the building.

At its core, the building is defined by a comprehensive wellness environment, designed around health, recovery and longevity. A fully equipped gym with personal training, dedicated yoga and Pilates studios, and a 25-metre indoor pool complemented by spa, sauna, steam room and hot and cold plunge pools create a true resort-style setting. Advanced wellness facilities including cryotherapy, salt therapy, flotation tank and oxygen room, alongside private treatment rooms and the Samsara wellness retreat, position Saint Moritz within a category of its own.

For those who enjoy entertaining, residents have access to private dining rooms, lounges, a champagne bar, wine cellar and a fully equipped commercial kitchen, allowing for hosting at a level typically reserved for premium venues. These spaces extend the home and redefine what apartment living can offer.

Set against the backdrop of St Kilda Beach, with immediate access to the area's most recognised restaurants, cafes and lifestyle attractions, the location completes what is already a rare offering.

Saint Moritz is not simply a residence, it is a fully realised lifestyle environment. Opportunities within the building are limited, and when they arise, they are rarely replicated.

Disclaimer: I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.

Listing description written by Mohsen Jaffari, ZED Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Gym
  • Secure Parking
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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.