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VIC › Melbourne › St Kilda Rd

U1211, 472-474 St Kilda Rd, Melbourne VIC 3004

For saleApartment

$665,000–$685,000

For sale

Asking range

1

Bedrooms

1

Bathrooms

1

Car spaces

86 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $665,000–$685,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $665,000–$685,000(Listing record · 25 June 2026)
  • FactLand 86 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Melbourne's advertised median rent ($639/wk), implied gross yield would be 5.00% — 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

$665,000–$685,000

Asking range · $7,733/m² of land

No recorded sale for this property.

Melbourne at a glance

74,776

People

No data

Median sale

$639/wk

Median rent

No data

Suburb gross yield

See the full Melbourne report →

Total cost to purchase

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

Purchase Price
$665,000
Stamp Duty (Victoria)
$34,970
Transfer/Registration Fee
$1,660
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
$705,330

$40,330 on top of the price (6.1% 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 Melbourne's advertised median rent — not a rent for this listing.

Net yield
3.50%
Annual cashflow (pre-tax)
$-11,327
Interest cover (DSCR)
0.67
Annual rent
$33,228
Operating expenses
$9,975
Loan amount
$532,000
Annual interest
$34,580
Gross yield
5.00%

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$665,000–$685,000available25 June 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 $639/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 5.0%. 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

Melbourne in one glance

Melbourne at a glance

74,776

People

No data

Median sale

$639/wk

Median rent

No data

Suburb gross yield

See the full Melbourne report →

Keep researching

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

Listing material

Listed by REALTY FINDER GROUP

Park Quarter Melbourne – Unit 1211 Luxury 1 Bedroom Residence with Marriott Lifestyle Privileges

Unit 1211 | Level 12

1 Bedroom | 1 Bathroom | 1 Secure Car Park | 1 Storage Cage

Internal Area: 86m²

Read the full description

An exceptional opportunity to secure a premium residence in Melbourne's landmark Park Quarter development, positioned on the 12th floor of one of St Kilda Road's most prestigious new addresses.

Enjoy elevated living with generous proportions, sophisticated design, and access to an unrivalled suite of luxury amenities. Located within Australia's first Marriott Executive Apartments development, Park Quarter combines world-class hospitality with the comfort and privacy of an exclusive residential community.

Property Highlights

Spacious 86m² floorplan

1 bedroom, 1 bathroom

Secure basement car park

Dedicated storage cage

Positioned on Level 12 of an 18-level landmark tower

Premium outlooks and abundant natural light

Luxury finishes and contemporary design throughout

A Rare Position Within the Building

Park Quarter comprises only 18 levels, with the exclusive penthouse collection occupying Levels 15–18. Positioned on Level 12, this residence enjoys an elevated setting within the highly sought-after residential levels while remaining below the ultra-premium penthouse collection.

Australia's First Marriott Executive Apartments Development

Park Quarter is home to the first Marriott Executive Apartments in Australia, delivering a unique blend of luxury residential living and five-star hospitality. Residents benefit from access to premium hotel-style services and an elevated lifestyle rarely available in Melbourne's apartment market.

Unmatched Resident Amenities

Residents enjoy access to an extensive collection of resort-style facilities, including:

Indoor heated swimming pool

Fully equipped gymnasium

Sauna and wellness facilities

Private cinema room

Golf simulator

Residents' lounge and private dining spaces

Concierge services

Co-working and business facilities

Rooftop entertaining areas

Personal electric vehicle charging capability

Secure building access and premium resident services

These amenities create a true five-star living experience within your own home.

Prestigious St Kilda Road Location

Situated at the gateway to Melbourne's most desirable lifestyle precincts, Park Quarter offers exceptional connectivity and convenience:

Directly opposite Albert Park and Albert Park Lake

Prime position to enjoy views and atmosphere during the Australian Formula 1 Grand Prix

Within sought-after school catchment zones

Moments from the new Anzac Station transport hub

Approximately 5 minutes by tram to Flinders Street Station and Melbourne CBD

Easy access to South Yarra, South Melbourne and St Kilda

Surrounded by Melbourne's leading cafes, restaurants, parks and cultural attractions

The location combines city convenience with the tranquillity of Melbourne's premier parklands, delivering an outstanding lifestyle and long-term investment opportunity.

Investment & Lifestyle Opportunity

Whether you're an owner-occupier seeking a prestigious city-fringe residence or an investor looking for a blue-chip asset in a landmark development, Unit 1211 represents a rare opportunity to secure a premium apartment within one of Melbourne's most anticipated luxury projects.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective customers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Quynh Do, REALTY FINDER GROUP — 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.