FOR SALE
$360,000

6/7 Wight Street
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Your Ideal One-Bedroom Oasis!

Discover a fantastic opportunity with this charming one-bedroom apartment, now available at a highly attractive price. Located in the vibrant heart of Kensington, this property offers a comfortable living area, a spacious bedroom, and a central bathroom, all thoughtfully designed for modern living.
What truly sets this gem apart is its rare feature - a lock-up garage. In apartment living, this is a notable advantage, offering both secure parking and ample storage space.
The location is unbeatable, just moments from Macauley Road shops and Kensington train station, ensuring convenience and easy access to all essentials. Whether you're a savvy investor looking for a solid return or a first-time homebuyer eager to secure a prime city pad, this property offers an excellent opportunity.
With a current rental yield of $390 per week, this apartment presents a compelling investment prospect. Plus, the secure, gated community provides added peace of mind, making it a great choice for both investors and homeowners.
Key Features:
One-bedroom, first-floor apartment
Single lock-up garage for added convenience
Gated community with enhanced security
Prime location near shops and transport
Strong rental yield of $390 per week
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Property Details for 6/7 Wight St, Kensington

6/7 Wight St, Kensington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Raine & Horne Ascot Vale.

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About Kensington 3031

The size of Kensington is approximately 2.1 square kilometres. It has 19 parks covering nearly 13.6% of total area. The population of Kensington in 2011 was 9,718 people. By 2016 the population was 10,833 showing a population growth of 11.5% in the area during that time. The predominant age group in Kensington is 30-39 years. Households in Kensington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington work in a professional occupation. In 2011, 47.6% of the homes in Kensington were owner-occupied compared with 45.3% in 2016.

Kensington has 6,595 properties. Over the last 5 years, Houses in Kensington have seen a 23.81% increase in median value, while Units have seen a 0.92% increase. As at 31 July 2024:

  • The median value for Houses in Kensington is $1,185,987 while the median value for Units is $533,679.
  • Houses have a median rent of $665 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 3031

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Pat Latorre
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George Errichiello
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Raine & Horne Ascot Vale
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.