Back 5/40 Alexandra St
Off Market

5/40 Alexandra St

St Kilda East VIC 3183

2
1
1
Apartment
Daniel PeerDaniel Peer, last sold this property on 12 October 2025 after 26 days on market.

Overview

Spacious, sunlit & superbly situated

Boasting a larger-than-expected floorplan, modern appointments & a sunny northern aspect, this stylish two-bedroom residence presents a spectacular lifestyle base or low-maintenance investment. Elevated on the second floor of a solid-brick block, the freshly painted interior showcases premium polished floorboards, large light-letting windows & a north-facing balcony off the spacious living area. A well-appointed kitchen & meals with stainless-steel appliances of a dishwasher & Bosch oven & gas cooktop features a servery window into the living for effortless entertaining. Both bedrooms are fitted with built-in robes & stylish shutters & are serviced by a central bathroom with laundry facilities & a separate toilet. Complete with covered off-street parking, split system climate control & secure intercom-monitored entry, this brilliantly located apartment is surrounded by the incredible shopping & dining spots of Balaclava & Ripponlea, a short walk to Alma Village & metres from Balaclava Road's city-bound trams.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in St Kilda East over the last 12 months, the estimated median property value of 5/40 Alexandra St is $600k.

Median value
$600k
Estimated value range
$10k - $962.5k
Median days on market
26
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Kilda East. 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 5/40 Alexandra St

2025
Sold
Undisclosed
Auction Sale on 12 Oct 2025 by Daniel Peer, of Gary Peer & Associates - Caulfield
2022
Rented
Undisclosed
Leased on 15 Feb 2022 by Gary Peer & Associates - Caulfield
2013
Sold
Undisclosed
Auction Sale on 14 Apr 2013 by Benjamin Dax, of Woodards Carnegie

Happy sellers in St Kilda East

79%
79% of sellers in St Kilda East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 58 reviews in St Kilda East over the last 12 months.

Local market activity for 2 bedroom apartments in St Kilda East

In the last 12 months, 153 two-bedroom apartments similar to 5/40 Alexandra St, have been sold.

This represents a 2% increase in two-bedroom apartments sales when compared to the previous 12 months.

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