OFF MARKET

7 Mercantile Parade
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 149m2
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Property Details for 7 Mercantile Pde, Kensington

7 Mercantile Pde, Kensington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 149m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
Unit
Year Built
2000
Land Size
149m2
Local Government
Melbourne
Lot/Plan
3/PS431293

Last Listing description (February 2012)

LUXURIOUSLY LARGE, FILLED WITH LIGHT
DESIGNED TO DELIVER BRIGHT, BEAUTIFULLY PROPORTIONED SPACES, THIS INVITING RESIDENCE REPRESENTS A STYLISH RESPONSE TO MEETING MODERN DAYS WITH A MIXTURE OF ELEGANCE AND EFFICIENCY IN A CONVENIENT KENSINGTON ADDRESS NORTHERN LIGHT FILLS GENEROUS LIVING/DINING AREAS WHICH OVERLOOK COURTYARD EXPANSES THAT CONFIRM A FABULOUS FOCUS ON SIZE WHILE AN OPEN-PLAN KITCHEN WITH DRAWER DISH-WASHER AND AMPLE STORAGE APPRECIATES ITS OWN COURTYARD OUTLOOKS. UPSTAIRS, TWO HUGE DOUBLE BEDROOMS, EACH WITH BUILT-IN ROBES, ONE ACCOMPANIED BY AN ATTRACTIVE BALCONY, SURROUND A SPARKLING BATHROOM AND A SKY-LIT STUDY SPACE, EQUALLY SUCCESSFUL AS A HOME OFFICE OR TV RETREAT. DUCTED HEATING AND EVAPORATIVE COOLING COMPLEMENT IMPECCABLY MAINTAINED SPACES WHICH ALSO OFFER A DOWNSTAIRS LAUNDRY, POWDER ROOM, UNDER STAIRS STORAGE AND INTERNAL ACCESS TO A SINGLE GARAGE. ENJOY A CITY EDGE SETTING CLOSE TO KENSINGTON VILLAGE AND CAFES. CATCH THE TRAIN OR TAKE THE BIKE PATH TO WORK. ON WEEKENDS, PARKS ALONG THE BANKS OF THE MARIBYRNONG BECKON. JULIA MURPHY : 0420 391 551

Property History for 7 Mercantile Pde, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$592,000
23 Feb 2012
Listed for Rent
$490/w
14 Jun 2012
  • 05 Jun 2012
    Listed for Rent $490 / week
  • 23 Feb 2012
    Sold for $592,000
  • 07 Feb 2012
    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 6,513 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 19 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 262 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.