OFF MARKET

40 Francis Lane
Kensington VIC 3031

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 149m2
Land area: 153m2
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Property Details for 40 Francis Lane, Kensington

40 Francis Lane, Kensington is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 153m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in May 1997.

Building Type
House
Year Built
1999
Floor Size
149m2
Land Size
153m2
Local Government
Melbourne
Lot/Plan
3/PS405730

Last Listing description (October 2024)

Tucked away in a blissfully quiet and convenient riverside neighbourhood, this double-storey townhouse combines quality enhancements with an unexpectedly spacious floorplan to deliver a low-maintenance lifestyle of family proportions.

Nothing to do but simply unpack and enjoy, the home's luminous interior showcases a large master bedroom with WIR, modern ensuite and dual balconies, as well as two additional bedrooms (BIRs), equally-stylish main bathroom and third WC.

Further emphasizing its impressive design is the inclusion of a front study, upstairs retreat and open living/dining area to the rear adjoined by a sleek stone-bench kitchen with dishwasher, stainless-steel cooking appliances and large pantry.

Flawless presentation throughout, this remarkable home also includes ducted heating and split-system air conditioning for year-round comfort, along with high ceilings, new carpets, full-size laundry and excellent storage options.

Completing the picture is a fully-decked central courtyard ideal for relaxing and entertaining, plus a sunny backyard with northerly aspect, high fences for privacy and remote-control garage with internal entry.

A short stroll to Riverside Park and endless trails along the Maribyrnong River, it also offers easy access to Flemington Racecourse, Showgrounds Village Shopping Centre, Racecourse Road trams and both Kensington and South Kensington train stations.

Property History for 40 Francis Lane, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$53,000
16 May 1997
Listed for Rent
$670/w
11 Nov 2022
  • 17 Oct 2024
    Listed for Sale Auction $1,100,000 - $1,190,000
  • 22 Jul 2022
    Listed for Rent $670 / week
  • 12 Nov 2018
    Listed for Rent $650 / 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 6,530 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 27 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 267 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.