OFF MARKET

401/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
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Property Details for 401/255 Racecourse Rd, Kensington

401/255 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 56m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2013
Floor Size
56m2
Local Government
Melbourne
Lot/Plan
401/PS640902

Last Listing description (September 2023)

Modern One Bedroom Apartment

Modern one bedroom plus study apartment in the heart of Kensington. Featuring open plan kitchen/lounge and Private Study Space. Stainless steel appliances, including Bosch gas cooktop and dishwasher. Spacious bedroom with mirrored BIR. Central sparkling bathroom and European laundry. Additional features include:, split system, secure parking and balcony. Located in an ideal location only a short walk from trams, trains, restaurants and cafes. along with access to bike Tracks, City Link and Flemington Racecourse

Property History for 401/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$340,000
15 Aug 2023
Listed for Rent
$320/w
27 Jan 2022
  • 15 Aug 2023
    Sold for $340,000
  • 28 Jul 2023
    Listed for Sale Expressions of Interest Contact Agent
  • 20 Feb 2023
    Sold for $320,000
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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 6,592 properties. Over the last 5 years, Houses in Kensington have seen a 9.74% increase in median value, while Units have seen a 0.02% increase. As at 31 August 2024:

  • The median value for Houses in Kensington is $1,117,755 while the median value for Units is $542,655.
  • Houses have a median rent of $673 while Units have a median rent of $520.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 250 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.