SOLD
Sold on 28 May 2024 for $1,300,000

5 The Ridgeway
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 107m2
Land area: 238m2
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Property Details for 5 The Ridgeway, Kensington

5 The Ridgeway, Kensington is a 2 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 238m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Kensington in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
107m2
Land Size
238m2
Local Government
Melbourne
Lot/Plan
1/TP943903

Last Listing description (June 2024)

Displaying an expanded single-level design, impressive enhancements throughout and fabulous outdoors ideal for relaxing or entertaining, this freestanding Victorian showpiece presents a truly exceptional heart-of-Kensington lifestyle opportunity. Look beyond the picket-fenced garden and stunning facade to discover a divine interior showcasing an inviting side hallway with ornate fretwork accessing two large bedrooms (BIRs) and deluxe central bathroom with spa bath and rain-head shower. Bathed in natural light, the versatile open-plan living/meals area is further enhanced by a tastefully-appointed kitchen with stone benchtops/island breakfast bar, 2-pac cabinetry and a full suite of Smeg appliances. Ducted heating, split-system air conditioning, gas-log fire (living area) and original open fireplaces (bedrooms) all add to the appeal, together with an alarm system, towering ceilings, plantation shutters, solid timber floors and European laundry. Completing the picture is a large entertaining deck (bi-folds from the living area) including an integrated BBQ kitchen, bench seating with storage underneath and high fences for privacy. Situated in one of Kensington's most exclusive heritage streetscapes, it's walking distance to village shops and eateries, popular primary schools, kinder/childcare facilities, acres of parkland and endless river trails, it's also close to a choice of train stations and easy access to Citylink.

Property History for 5 The Ridgeway, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$1,300,000
28 May 2024
Listed for Rent
$600/w
27 Apr 2016
  • 28 May 2024
    Sold for $1,300,000
  • 09 May 2024
    Listed for Sale Under Offer
  • 06 Aug 2021
    Sold for $1,380,000
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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 6,529 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 28 properties listed for sale, and 6 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 269 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.