OFF MARKET

302/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
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Property Details for 302/255 Racecourse Rd, Kensington

302/255 Racecourse Rd, Kensington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2011
Floor Size
47m2
Local Government
Melbourne
Lot/Plan
302/PS640902

Last Listing description (May 2021)

Centrally positioned with the best of Kensington and Flemington at your fingertips, this third-floor Newmarket abode is sure to impress with its generous design, quality inclusions and secure surrounds making it an outstanding first home or blue-chip addition to any investment portfolio. Ready to move straight in or rent straight out the apartment's impeccably-presented interior comprises one spacious bedroom with mirrored robes and stylish bathroom complete with frameless shower. The open-plan living/meals area is flanked by wall-to-wall windows for an abundance of natural light and further enhanced by a stone-bench kitchen with all-Bosch appliances (dishwasher, oven, gas cooktop and rangehood). Other stand-out features include a full-width undercover terrace (from the living area) to relax and enjoy the neighbourhood views, Daikin split-system heating and cooling, European laundry and square-set ceilings, plus lift to secure foyer with fob entry and lower-level parking space. Racecourse Road cafes and eateries virtually at your doorstep, along with trams to Queen Vic Market, uni/hospital precincts and the CBD, it's also close to both Newmarket and Macaulay train stations, shops and supermarkets, local parks and Moonee Ponds Creek Trail as well as easy access to Citylink.

Property History for 302/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$312,500
09 May 2021
Listed for Rent
$365/w
30 Mar 2020
  • 09 May 2021
    Sold for $312,500
  • 01 Mar 2021
    Listed for Sale Contact Agent
  • 25 Mar 2020
    Listed for Rent $365 / 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 6,522 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.