SOLD
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Sold on 24 Sep 2024 for $550,000

308/40 Altona Street
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 1775m2
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Property Details for 308/40 Altona St, Kensington

308/40 Altona St, Kensington is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 1775m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Kensington in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
78m2
Land Size
1775m2
Local Government
Melbourne
Lot/Plan
308/PS619606

Last Listing description (October 2024)

Discover the essence of modern urban living in this beautifully positioned two-bedroom apartment nestled in a serene parkland setting. Offering a perfect blend of lifestyle, convenience, and security, this spacious residence boasts all the comforts you desire.

- Main bedroom with an ensuite and a walk-in-robe, providing ample storage and privacy.

- Second bedroom featuring built-in robes (BIR's).

- Central bathroom ensuring convenience and comfort for all residents.

- Spacious kitchen equipped with stainless steel appliances, including a dishwasher.

- Large open plan lounge and dining area perfect for entertaining or relaxing with family and friends.

- Split system heating and cooling for year-round comfort.

- Undercover secure parking with lift access and security entrance.

- Enjoy the outdoors with a balcony offering parkland views.

- Recently updated with new carpet, new blinds, and freshly painted walls.

Opposite JJ Holland Park and close to a new recreation/aquatic centre (under construction), the apartment also offers walking distance access to Kensington and South Kensington train stations (with convenient access to the CBD), Macaulay Road shops, cafes, and easy connectivity via Citylink.

Property History for 308/40 Altona St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$550,000
24 Sep 2024
Listed for Rent
$420/w
27 Nov 2020
  • 11 Sep 2024
    Sold for $550,000
  • 22 Aug 2024
    Listed for Sale Under Offer
  • 29 Oct 2020
    Listed for Rent $420 / 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 6,550 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 24 properties listed for sale, and 5 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 258 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.