SOLD
Sold on 25 Aug 2024 for $900,000

4/7 Bruce Street
Kensington VIC 3031

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 52m2
Sold By
Nelson Alexander Flemington
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Property Details for 4/7 Bruce St, Kensington

4/7 Bruce St, Kensington is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1950. The property has a land size of 52m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in Kensington in the last 12 months.

Building Type
Townhouse
Year Built
1950
Floor Size
110m2
Land Size
52m2
Local Government
Melbourne
Lot/Plan
4/PS503680

Last Listing description (September 2024)

Effortlessly cool, this double storey warehouse conversion offers superb inner city living, ideal for professional couples and young families.

Upstairs, the home boasts an impressive large open plan living, dining and kitchen area that excels with its unique curved ceiling, brick feature wall, and large glass windows and doors that let in copious amounts of light. The industrial galley-style kitchen features stainless steel appliances, good storage and looks out to the private balcony, which is the perfect spot to set up the BBQ. Tucked away behind the kitchen is the 3rd bedroom with ensuite, that would also be an ideal space for a home office, studio or guest room.

On the lower floor there are 2 good-sized bedrooms with excellent built-in robes, sleek family bathroom and euro laundry built-in under the stairs.

Recently the home was given an update with new flooring and a fresh coat of paint further lifting the modern space.

The home is one of only five warehouse conversions in 'Kimpton Estate', which was once a working warehouse for the Flour Mill at the end of the street. Steeped in history, a landscaped bluestone paved entrance leads you to this impressive residence located at the rear of the block providing a private and peaceful environment.

Set in an industrial pocket of Kensington at the foot of the historic Young Husband building, the area is primed for growth, making it a great investment for an owner/occupier or investor looking for good rental return.

The home is conveniently located, offering loads of transport options to get you in and out of the city. The address is a short 800m walk to two train stations on two different trainlines, providing regular and convenient services day and night. The Moonee Ponds Creek Trail can be accessed at the end of the street allowing an easy 3.5km ride or walk along the shared path into Docklands and the city. If you choose to take the car out of the secure carpark, in a matter of moments you can be on CityLink.

But there's no need to go too far as you'll love Kensington's village lifestyle, with its warm community, fabulous cafes, shops, playgrounds and amenities.

This contemporary and low maintenance home is bound to excite.

Property History for 4/7 Bruce St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$900,000
25 Aug 2024
Listed for Rent
$725/w
15 Nov 2023
  • 25 Aug 2024
    Sold for $900,000
  • 22 Jul 2024
    Listed for Sale Under Offer
  • 02 Nov 2023
    Listed for Rent $725 / 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 6,593 properties. Over the last 5 years, Houses in Kensington have seen a 1.83% increase in median value, while Units have seen a 2.60% increase. As at 30 November 2024:

  • The median value for Houses in Kensington is $1,153,042 while the median value for Units is $551,659.
  • Houses have a median rent of $683 while Units have a median rent of $540.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in 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.