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VIC › St Kilda › The Esplanade

U205a, 14-16 The Esplanade, St Kilda VIC 3182

For saleApartment

$1,425,000–$1,475,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,425,000–$1,475,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,425,000–$1,475,000(Listing record · 9 July 2024)
  • CalculationIf it leased at St Kilda's advertised median rent ($547/wk), implied gross yield would be 2.00% — 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

$1,425,000–$1,475,000

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
$1,425,000
Stamp Duty (Victoria)
$78,375
Transfer/Registration Fee
$3,439
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
$1,510,514

$85,514 on top of the price (6.0% 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
0.50%
Annual cashflow (pre-tax)
$-67,031
Interest cover (DSCR)
0.10
Annual rent
$28,444
Operating expenses
$21,375
Loan amount
$1,140,000
Annual interest
$74,100
Gross yield
2.00%

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$1,425,000–$1,475,000available9 July 2024

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 2.0%. 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

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 Como Real Estate

Ultimate Beachfront Luxury! St Moritz

Elevate your lifestyle with this exquisite two-bedroom, two-bathroom apartment on the second floor of the exclusive 'Saint Moritz' complex by Gurner. Designed to cater to professional young couples and discerning downsizers, this residence offers unparalleled world-class luxury and convenience in a prime beachfront location.

Unrivaled Amenities

Live like you're in a high-end hotel with 24-hour concierge service, valet parking, and a plethora of world-class amenities:

Read the full description

Private dining rooms

Gymnasium

Library

Cryotherapy & floatation tank

Luxurious 25-meter in-ground pool with shower & lounge facilities

Salt room

Hydrotherapy and steam room

Golf Simluator

Hot & cold spas

Sport Bar

Champagne Bar

Dining rooms & Gold Class Cinema

Luxurious Interior Design

Step into the expansive open-plan living and dining area that seamlessly extends to a generous alfresco terrace, perfect for entertaining. The Italian marble kitchen is a culinary dream, featuring top-of-the-line Gaggenau appliances and an integrated fridge and freezer.

Elegant Bedrooms and Bathrooms

Main Bedroom Suite: A bespoke retreat with a dressing area and a dual vanity ensuite.

Second Bedroom: Secluded for privacy and comfort.

Main Bathroom: Custom-designed with a sumptuous bath and dual vanity.

Exquisite Finishes and Features

The apartment, which was created by well-known designers David Hicks, Koichi Takada, and Fender Katsalidis, features:

Sub floor heating in bathrooms

Chevron timber flooring is throughout.

High-end window furnishings

Ductless air conditioning and heating with individual area control.

Warm towel rails

Video intercom

Plenty of storage

Bathed in natural light

Calacatta Marble, Oro

Storage Cage

Located across from Alfred Square and close to both the Espy and city trams, this elegant home provides unparalleled convenience. Take pleasure in being near:

Sea Baths at St Kilda

Gardens Catani

The Theater at Palais

Luna Park

Acland Street

Iconic St Kilda Beach

Secure and Convenient

Benefit from secure basement parking and a storage cage, ensuring your belongings are safe and accessible.

Experience the Pinnacle of Beachfront Living

This apartment at Saint Moritz is the epitome of luxury and convenience, making it the perfect choice for professional young couples and downsizers seeking a sophisticated lifestyle. Don’t miss your chance to indulge in this beachfront haven with easy access to

restaurants, clubs, and world-renowned annual festivals.

Listing description written by Arthur Dislakis, Como Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Intercom
  • Living Areas: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Toilets: 2
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.