SOLD
RECENT ADVICE
Sold on 08 Jul 2024 for $650,000

3/50 Rankins Road
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Sold By
Nelson Alexander - Flemington
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Property Details for 3/50 Rankins Rd, Kensington

3/50 Rankins Rd, Kensington is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1980. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Kensington in the last 12 months.

Building Type
Townhouse
Year Built
1980
Floor Size
79m2
Local Government
Melbourne
Lot/Plan
3/PS414362

Last Listing description (July 2024)

In a secure refurbished block (1 of 4) backing onto Parsons Reserve, this double-storey townhouse is a perfect choice for inner-city professionals and blue-chip investors alike all in a leafy streetscape with the best of Kensington at your fingertips.Filled with natural light, the homes well-presented interior comprises two upstairs bedrooms (large main with mirrored robes) both complemented by a spotless central bathroom and full-size laundry/second WC. Add to this an adaptable open living/meals area adjoined by an updated kitchen complete with gas cooktop and dishwasher. Other stand-out features include an under-stair storeroom, north-facing undercover balcony and private rear courtyard, plus secure entry with intercom and off-street parking space (on title) via ROW to Parsons Street.A short stroll to both Kensington and Macaulay train stations (different lines), village cafes, Racecourse Road trams, shops and supermarkets, its also close to the Moonee Ponds Creek Trail, as well as easy access to Citylink.

Property History for 3/50 Rankins Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$650,000
08 Jul 2024
Listed for Rent
$425/w
03 Mar 2021
  • 08 Jul 2024
    Sold for $650,000
  • 10 May 2024
    Listed for Sale Under Offer
  • 26 May 2020
    Listed for Rent $425 / 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 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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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.