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Sold on 26 Oct 2023 for $575,000

508/72 Altona Street
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 508/72 Altona St, Kensington

508/72 Altona St, Kensington is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Apartment sold in Kensington in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
508/PS548191

Last Listing description (October 2023)

With an impressive corner terrace and abundant national light, this very oversized, 2 bedroom apartment in a leafy nook of Kensington is one not to be missed.

A very roomy open plan living space is fitted hybrid timber floors. This bright apartment also features a full sized, modern kitchen with large island bench, gas cooking and plenty of cabinetry.

With a fresh update throughout, the living space opens onto generous corner terrace which could provide space for entertaining and parkland views.

Both bedrooms feature natural light and built in robes and serviced by a stylish and functional central bathroom.

Additions include secure car space on title, secure entrance with intercom and lift access.

Property History for 508/72 Altona St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$575,000
26 Oct 2023
Listed for Rent
$460/w
13 Feb 2023
  • 31 Oct 2023
    Sold for $575,000
  • 17 Aug 2023
    Listed for Sale $530,000 - $570,000
  • 30 Jan 2023
    Listed for Rent $460 / 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 6,592 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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Ryan Pagan
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Thomas Maher
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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.