1/38-40 Rankins Rd, Kensington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 552m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Kensington in the last 12 months.
This charming, bright one-bedroom, ground-floor apartment will delight the most discerning first-time buyer/investor. Comprising quality carpets, wood grain flooring in a fully functional kitchen that overlooks established trees and quaint street corners with a north/east aspect, bedroom with BIRs and ensuite. The property has a car space, plus secure entry and an intercom. Enjoy the vibrant multi-cultural cafs, eateries, and local pub scene around the Kensington community, plus loads of specialty shops and nearby medical centres. This fabulous location will have you spoilt for choice with public transport, only minutes to the city train and tram.
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 6,529 properties. Over the last 5 years, Houses in Kensington have seen a 1.93% increase in median value, while Units have seen a -0.17% decrease. As at 31 October 2024:
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