SOLD
RECENT ADVICE
Sold on 30 Oct 2024 for $690,000

38 Musgrove Mews
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 58m2
Sold By
Nelson Alexander Flemington
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Property Details for 38 Musgrove Mews, Kensington

38 Musgrove Mews, Kensington is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Kensington in the last 12 months.

Building Type
Townhouse
Land Size
58m2
Local Government
Melbourne
Lot/Plan
8/PS348016

Last Listing description (November 2024)

With its creative design, impressive enhancements and profusion of natural light, this triple-storey townhouse is perfect for city professionals and blue-chip investors alike all in a quiet and convenient cul-de-sac with easy access to the best of Kensington.Currently enjoying a healthy rental yield, the homes well-presented interior comprises two generous bedrooms (master with full-width built-in robes) complemented by a private ensuite and main central bathroom. Add to this a versatile open-plan living/dining area with high vaulted ceilings adjoined by an updated kitchen with stainless-steel cooking appliances and dishwasher. Other highlights of this trendy townhouse include split-system heating/cooling, stylish engineered floors and European laundry, plus a versatile studio/study (converted garage), bicycle storeroom, sunny terrace (double doors from the living area) and private decked courtyard to the rear.A short stroll to the historic Stock Route, Gilbertson Walk Reserve and Womens Peace Garden, its also close to Flemington Racecourse, village cafes, shops and supermarkets, Racecourse Road trams and choice of train stations.

Property History for 38 Musgrove Mews, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$690,000
30 Oct 2024
Listed for Rent
$530/w
27 Jul 2023
  • 30 Oct 2024
    Sold for $690,000
  • 19 Aug 2024
    Listed for Sale Auction $660,000 - $695,000
  • 10 Jul 2023
    Listed for Rent $530 / 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 6,551 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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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.