OFF MARKET

50 Mercantile Parade
Kensington VIC 3031

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 146m2
Land area: 169m2
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Property Details for 50 Mercantile Pde, Kensington

50 Mercantile Pde, Kensington is a 4 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 2005. The property has a land size of 169m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Townhouse
Year Built
2005
Floor Size
146m2
Land Size
169m2
Local Government
Melbourne
Lot/Plan
3/PS414414

Last Listing description (April 2018)

Revealing four double bedrooms, a beautifully proportioned living room, impressively equipped kitchen/meals, smart outdoor entertaining area and two covered balconies with peaceful park aspects, this two storey residence boasts a winning locale near popular Kensington Village, transport and recreational facilities. Highlighting stainless steel Bosch appliances, including a gas cooktop, fan forced oven and integrated dishwasher, matched with eye-catching tiled splashbacks, a breakfast bar and pantry, the kitchen/meals is linked by glass doors to a paved courtyard that's both ideal for relaxed alfresco meals and easy to maintain. Each of the bedrooms hosts a built-in or walk-in robe, and there's good storage throughout the home. Two bathrooms include an ensuite and central bathroom, there's a separate toilet on each level, and polished floorboards, central heating and ducted cooling also feature. A two car driveway and automatic garage, with interior and courtyard access, provides for the cars and when it comes to work and play, the heart of the city is minutes away.

Property History for 50 Mercantile Pde, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$1,150,000
28 Feb 2018
Listed for Rent
$725/w
07 Sep 2016
  • 28 Feb 2018
    Sold for $1,150,000
  • 05 Dec 2017
    Listed for Sale Private Sale - $1,100,000-$1,150,000
  • 12 Aug 2016
    Listed for Rent - Price not available
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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 6,595 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 7 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 248 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.