OFF MARKET

308/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Property Details for 308/255 Racecourse Rd, Kensington

308/255 Racecourse Rd, Kensington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
308/PS640902

Last Listing description (May 2018)

The Architecturally designed Boutique 'Newmarket Apartments' make a significant contemporary contribution to a streetscape that's constantly evolving due to the emergence of new cafes whilst being surrounded by 4 train stations (Newmarket, Kensington, Flemington Bridge, Macaulay) and just 3km from the CBD. This sophisticated 60sqm apartment makes the most of such a great setting by providing, secure, stylish proportions including a living/dining area served by a stone and stainless steel kitchen fitted with Bosch appliances. The balcony with uninterrupted City views, double bedroom and separate bathroom enhance entry level luxury, with reverse cycle heating/cooling, undercover car parking, storage cage and video security. Located on the south side of the block (facing the city, not Racecourse Rd) this quiet apartment has great access to the Royal Children's hospital & University of Melbourne. NOTE: Securely leased for $360 per week until 07/06/2018. NOTE: Photos not current.

Property History for 308/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$385,000
12 Apr 2018
Listed for Rent
$360/w
25 May 2017
  • 12 Apr 2018
    Sold for $385,000
  • 09 Apr 2018
    Listed for Sale $389,000
  • 05 May 2017
    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.