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Sold on 05 Oct 2024 for $800,000

18 Lambeth Street
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 122m2
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Property Details for 18 Lambeth St, Kensington

18 Lambeth St, Kensington is a 2 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 122m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Kensington in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
57m2
Land Size
122m2
Local Government
Melbourne
Lot/Plan
2/LP24869

Last Listing description (October 2024)

Make your dreams of property ownership a reality thanks to this classic single-fronted Victorian weatherboard in a super convenient pocket of Kensington. A perfect blank canvas awaiting your contemporary touch, the potential-rich home presents a brilliant opportunity for young home buyers, keen renovators and investors, just minutes from the CBD.

- With polished hardwood floors flowing seamlessly throughout, the timelessly appealing home features two bedrooms, both with built-in robes.

- A long hallway leads past a central bathroom with laundry provisions to the home's rear entertaining zone with split system heating/cooling.

- Quality stainless steel appliances, including a gas cooktop, star in the contemporary kitchen which also boasts lots of cupboard and preparation space.

- Open plan in design, the living/dining area spills outside to the rear yard with storage shed.

- Enhance/expand the existing accommodation with a sophisticated renovation behind the classic facade on the allotment of approx. 122sqm. Perhaps consider starting again with a brand-new luxury design (both options STCA).

- Close to trains, cafes, schools and shops, the home also enjoys easy access to Racecourse Road/Princes Hwy and City Link.

Property History for 18 Lambeth St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$800,000
05 Oct 2024
Listed for Rent
$410/w
20 Jul 2022
  • 05 Oct 2024
    Sold for $800,000
  • 06 Sep 2024
    Listed for Sale $760,000 - $810,000
  • 30 Jun 2022
    Listed for Rent $410 / 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 6,592 properties. Over the last 5 years, Houses in Kensington have seen a 9.38% increase in median value, while Units have seen a 1.00% increase. As at 30 September 2024:

  • The median value for Houses in Kensington is $1,163,415 while the median value for Units is $548,655.
  • Houses have a median rent of $670 while Units have a median rent of $540.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 253 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 3031

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Rendina Real Estate - Kensington
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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.