OFF MARKET

506/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Property Details for 506/255 Racecourse Rd, Kensington

506/255 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 52m2. While the property is not currently for sale or for rent, it was last sold in March 2011.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
506/PS640902

Last Listing description (March 2023)

This apartment offers spectacular city views, and comprises of one bedroom with floor to ceiling built in robes, galley style kitchen with stone bench tops, stainless steel European appliances, dishwasher, gas cooking and electric oven. Open plan light filled living area including wall to wall carpet and split system opening to balcony. Bathroom includes large shower, vanity and toilet. Euro laundry neatly incorporated within custom fitted and designed cabinetry.

Additional features include, secure remote undercover off street parking, video intercom, lift access large storage cage, bike racks, garbage chute and access to large recycling bins too, all within minutes to Tram, Newmarket Shopping Centre, Rail, City Link, Flemington Race Course, restaurants and a great cafe life style.


Be sure to email your interest to inspect or as advertised, don't miss out!

NB: As this property may be located in an area where car parking is at a premium, please make your own enquiries with the municipal council to determine if a resident parking permit is required for on street car parking.

Property History for 506/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$460,000
22 Mar 2011
Listed for Rent
$370/w
22 Mar 2023
  • 15 Mar 2023
    Listed for Rent $370 / week
  • 08 Apr 2022
    Listed for Rent $300 / week
  • 23 Feb 2021
    Listed for Rent $340 / 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 6,522 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 20 properties listed for sale, and 10 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 268 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.