602/255 Racecourse RoadKensington VIC 3031
Property Details for 602/255 Racecourse Rd, Kensington
602/255 Racecourse Rd, Kensington is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (December 2017)
Mortgagee in Possession.
Located in the inner city hub of Kensington, this appealing one bedroom apartment on the top floor of the Newmarket apartment complex is perfect for either an owner occupier or astute investor.
Within close proximity to popular retail, eateries and cafes along Racecourse Road or venture nearby to the trendy Macaulay Road shopping strip.
This fantastic apartment features:
- Full length balcony with Northern aspect
- Open plan living and dining area
- Modern kitchen with Bosch stainless steel appliances and gas stove
- Bedroom with built-in mirrored robes
- fully tiled bathroom
- Split system air conditioning
- European laundry
- Floor to ceiling windows
- One secure car space
- Security entrance and Lift access
Property History for 602/255 Racecourse Rd, Kensington, VIC 3031
- 21 Dec 2020Sold for $360,000
- 21 Oct 2017Sold for $351,500
- 13 Sep 2017Listed for Sale Not Disclosed
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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 6,518 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.
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