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VIC › St Kilda › Grey St

51 Grey St, St Kilda VIC 3182

For saleHouse for Sale

For sale

For sale

19

Bedrooms

4

Bathrooms

17

Car spaces

2,203 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 3 Mar 2026)

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

No recorded sale price for this property yet.

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 →

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. Listedprice unknownavailable3 Mar 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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Grey St →

Listing material

Listed by Raine & Horne Land Victoria

Massive Price Reduction : "Eildon Mansion - A Landmark Renaissance Revival Estate on 2,203sqm in the Heart of St Kilda!

Raine & Horne Land Victoria proudly presents Eildon Mansion, St Kilda-a landmark Renaissance Revival estate and one of the suburb's most significant limestone residences. Steeped in history and remarkable in scale, this grand property occupies a substantial 2,203sqm* land area with a double storey mansion of 1,176sqm* and a secondary dwelling of 350sqm* with a total built area of 1,526sqm*. This opportunity offers a rare chance to steward a piece of Melbourne's heritage into the 21st century.

Originally built as Barham House in 1850 for Edward Green to designs by architect John Gill, the residence was substantially extended and remodelled in 1872 by the celebrated firm Reed & Barnes for pastoralist John Laing Currie-at which time it was renamed Eildon. More recently, the mansion served as the home of Alliance Française de Melbourne, previously Victoria's largest French language school.

Key Features & Highlights:

Read the full description

• Substantial 2,203sqm* land area with a double storey mansion of 1,176sqm* and a secondary dwelling of 350sqm* with a total built area of 1,526sqm*

• Withnineteen principal rooms across two levels plus a basement and cellar and WC/bathroom, the mansion impresses with expansive interiors

• Italianate symmetry and sweeping first-floor balcony give this home its grand European elegance

• Soaring decorative ceilings, marble and timber fireplaces, Victorian tiled floors, and a sweeping staircase showcase artful craftsmanship throughout

• Wide entry hall and multiple reception rooms create welcoming spaces perfect for entertaining or family life

• Fully fitted commercial-grade kitchen offers culinary potential for large-scale living or events

• Light-filled bedrooms with marble fireplaces and ornate ceilings provide luxurious comfort at every turn

• Historic stables, reimagined as five versatile rooms with modern amenities and several WC/bathrooms, present flexible living options

• Lush gardens, maturetrees, and a private courtyard ensure outdoor tranquility and privacy

• Just moments from Fitzroy Street, St Kilda foreshore, and Albert Park Lake, the property enjoys a blue-chip location

• Former home to Alliance Française de Melbourne, reflecting its cultural and institutional legacy

• This is a once-in-a-generation opportunity to shape the next chapter of one of Melbourne's most illustrious estates-an extraordinary canvas of heritage, scale and possibility

Call Kevin Paghdar on +61 426 510 510 Or Rizul Sharma on +61 424 366 555 or Sagar Bhaliya on +61 426 992 493 today for private inspection & further enquiries.

Interested parties should conduct their due diligence before making any submissions. The information provided is for general guidance only and does not constitute any representation by the vendor or agent. Illustrations or images provided may include digitally enhanced staging.

Due Diligence Checklist -

http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Kevin Paghdar, Raine & Horne Land Victoria — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.