406/255 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 December 2018.
The Architecturally designed Boutique 'Newmarket Apartments' make a significant contemporary contribution to a streetscape that's constantly evolving due to the emergence of new cafes whilst being surrounded by 4 train stations (Newmarket, Kensington, Flemington Bridge, Macaulay) Restaurants, shops and just 3 km from the CBD.
This sophisticated 62.5m2 apartment makes the most of such a great setting by providing, secure, stylish proportions including a living/dining area served by a stone and stainless steel kitchen fitted with Bosch appliances. The balcony with uninterrupted City views, double bedroom and separate bathroom enhance entry level luxury, separate study with built in desk/storage, reverse cycle heating/cooling, European laundry, lift access, undercover basement car parking with storage cage and video security.
Located on the south side of the block (facing the city, not Racecourse Rd) this quiet apartment has great access to the Royal Children's hospital, University of Melbourne, trams, arts precinct and CityLink.
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 6,513 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:
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