Back 2/128 Chapel Street
Off Market

2/128 Chapel Street

St Kilda VIC 3182

3
2
2
Townhouse
Last sold for $880,000
Leo BiLeo Bi, last sold this property on 21 August 2026 after 73 days on market.

Overview

Stylish Chapel Street Living with House-Like Space

Tucked within a boutique complex in the heart of St Kilda, this unique multi-level residence delivers an exceptional blend of space, flexibility and lifestyle. Designed to feel more like a townhouse than an apartment, the home offers two generous bedrooms, a versatile third bedroom or home office, and expansive living and dining areas that open to a private balcony. The well-appointed kitchen sits at the heart of the upper level, while a rare oversized garage, additional car space and substantial basement storage provide outstanding practicality seldom found in this vibrant inner-city location. Ideally positioned just moments from Balaclava Station and a short stroll to the vibrant Carlisle Street precinct, residents can enjoy an outstanding selection of cafés, restaurants, specialty grocers and everyday conveniences right at their doorstep. St Kilda Beach, Windsor Station, Albert Park Lake and the renowned dining, shopping and nightlife of Chapel Street are also within easy reach, enhancing the area's strong lifestyle appeal. Combining generous proportions, exceptional flexibility and a highly sought-after location, this is a compelling opportunity for owner-occupiers and investors seeking long-term value in one of Melbourne's most desirable bayside precincts. Please note: furniture in some images has been virtually staged for illustrative purposes only.

Features

3 bedrooms
2 bathrooms
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in St Kilda over the last 12 months, the estimated median property value of 2/128 Chapel Street is $1.3m.

Median value
$1.3m
Estimated value range
$825k - $1.8m
Median days on market
34
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Kilda. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/128 Chapel Street

2026
Sold
$880,000
Private Sale/Treaty on 21 Aug 2026 by Leo Bi, of Rabbitree Real Estate
2022
Sold
Undisclosed
17 Sep 2022 by Nikki Janover, of Gary Peer & Associates- St Kilda

Happy sellers in St Kilda

78%
78% of sellers in St Kilda reported that their sale price either exceeded or met their price expectations.

St Kilda stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 101 reviews in St Kilda over the last 12 months.

Local market activity for 3 bedroom townhouses in St Kilda

In the last 12 months, 8 three-bedroom townhouses similar to 2/128 Chapel Street, have been sold.

This represents a 28% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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