OFF MARKET

3/38-40 Rankins Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 552m2
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Property Details for 3/38-40 Rankins Rd, Kensington

3/38-40 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 42m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1970
Floor Size
42m2
Land Size
552m2
Local Government
Melbourne
Lot/Plan
3/SP20774

Last Listing description (March 2021)

Styled and renovated to perfection in a peaceful pocket of Kensington with a stunning parkland outlook a short walk from an eclectic array of shops, cafes, the Doutta Gala Hotel and Flemington Train Station. Irresistibly chic and sophisticated showcasing New York class with elements of an industrial warehouse that encapsulates a much coveted lifestyle! Theres a touch of Hollywood with a mood lighting strip along the skirting of the exposed brick feature wall with crisp white dcor, polished timber floors, concrete ceilings and designer light fittings. The bedroom is a serene sanctuary with built in robes, stunning matt black light fittings, block out blinds and a bathroom that boasts a designer flair. Finished with finesse, it features a vast shower with a rain and hand held shower head and honeycomb-shaped white splashbacks that dramatically contrasts with the charcoal wall and floor tiling. The kitchen is a dream with stainless steel Westinghouse oven, induction cooktop, stone benchtops and twin stainless steel sinks with black goose-neck pull-out mixer tap. The living room has a stunning outlook to a parkland of dappled light, is fitted with block out and privacy blinds, split aircon and space to dine and lounge in style. Includes an off-street carpark and a shared laundry with washing machine and dryer making it the coolest city-fringe pad for owner occupiers and investors alike with easy access to cycling trails, freeways, airports and the CBD.

Please note: Images are from previous campaign

Property History for 3/38-40 Rankins Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$384,000
14 Feb 2021
Listed for Rent
$370/w
22 Nov 2019
  • 14 Feb 2021
    Sold for $384,000
  • 01 Feb 2021
    Listed for Sale $399,000
  • 08 Nov 2019
    Listed for Rent - Price not available
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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 6,522 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:

  • The median value for Houses in Kensington is $1,143,562 while the median value for Units is $552,234.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 268 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.