SOLD
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Sold on 28 Aug 2024 for $315,000

10/38-40 Rankins Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 552m2
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Property Details for 10/38-40 Rankins Rd, Kensington

10/38-40 Rankins Rd, Kensington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 552m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Kensington in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
46m2
Land Size
552m2
Local Government
Melbourne
Lot/Plan
10/SP20774

Last Listing description (August 2024)

Perfectly located on the top floor, this stunning light filled apartment has been tastefully refurbished and offers a beautiful leafy aspect out of the many windows this delightful property has.

Comprising: main bedroom with robes and ensuite, light filled living areas incorporating dining and lounge room, renovated kitchen with quality appliances, and laundry facilities.

Easy off street parking with car space on title, heating, secure entrance, the absolute perfect location only a short stroll to Kensington and Newmarket villages.

Inspection a must

Property History for 10/38-40 Rankins Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$315,000
28 Aug 2024
Listed for Rent
$340/w
05 Jun 2023
  • 28 Aug 2024
    Sold for $315,000
  • 13 Aug 2024
    Listed for Sale Not Disclosed
  • 08 May 2023
    Listed for Rent $340 / week
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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 9.74% increase in median value, while Units have seen a 0.02% increase. As at 31 August 2024:

  • The median value for Houses in Kensington is $1,117,755 while the median value for Units is $542,655.
  • Houses have a median rent of $673 while Units have a median rent of $520.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 3031

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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.