SOLD
Sold on 25 Dec 2023 for $320,000

603/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Property Details for 603/255 Racecourse Rd, Kensington

603/255 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 51m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Kensington in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
51m2
Local Government
Melbourne
Lot/Plan
603/PS640902

Last Listing description (October 2024)

In the heart of Kensington, this sophisticated one-bedroom apartment offers a modern and convenient lifestyle. With its prime location, you'll enjoy easy access to vibrant bars, trendy dining spots, and excellent transport options right at your doorstep.

Featuring a sleek kitchen equipped with high quality appliances, including a gas stove, electric oven, and dishwasher, preparing your favorite meals will be a breeze. The bedroom boasts built-in robes, providing ample storage space. Stay comfortable year-round with the split system heating and cooling, ensuring the perfect temperature no matter the season.

Additional features of this apartment include a convenient Euro laundry, roller blinds for privacy, and a secure intercom system for peace of mind. With one private carpark and a lift, convenience is at its best.

Situated on the edge of the CBD, you'll have easy access to city-bound trams, New Market Station, and the charming Pin Oak Crescent cafes. Whether you're looking for a low-maintenance city pad, a stylish home, or a savvy investment opportunity, this property ticks all the boxes.

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Available for lease; 04/10/2024 Bond $1,955.00
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Property History for 603/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$320,000
25 Dec 2023
Listed for Rent
$395/w
07 Jan 2020
  • 04 Sep 2024
    Listed for Rent $450 / week
  • 25 Dec 2023
    Sold for $320,000
  • 21 Nov 2023
    Listed 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 6,529 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.