OFF MARKET

71 Mercantile Parade
Kensington VIC 3031

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 232m2
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Property Details for 71 Mercantile Pde, Kensington

71 Mercantile Pde, Kensington is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2000. The property has a land size of 232m2. While the property is not currently for sale or for rent, it was last sold in June 2003.

Building Type
Townhouse
Year Built
2000
Land Size
232m2
Local Government
Melbourne
Lot/Plan
3/PS421402

Last Listing description (April 2021)

Spacious and well-presented townhouse in the popular Kensington Banks Estate
- Three (3) bedrooms with built in robes, ensuite to main.
- Lounge

- Open plan kitchen with adjoining meals, gas cooktop, dishwasher and plenty of storage
- Study/sitting room upstairs
- Central bathroom
- Powder room
- Laundry
Also offers single lock up garage, gas ducted heating, and a generous secure rear yard. With easy access to Kensington Village, public transport and JJ Holland Park.

***OPEN TIMES CAN BE SUBJECT TO CHANGE, PLEASE CONFIRM TIMES ON THE DAY***

*** COVID-19 Announcement ***
If you're attending an open for inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from anyone attending the open for inspection, including other prospective renters and our team members, and if requested wait outside so as to reduce the number of people in the property at any one time. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance.

Thank you for your understanding.

Property History for 71 Mercantile Pde, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$319,000
16 Jun 2003
Listed for Rent
$570/w
28 Apr 2021
  • 09 Apr 2021
    Listed for Rent $570 / week
  • 11 Jun 2019
    Listed for Rent - Price not available
  • 24 Apr 2015
    Listed for Rent $530 / 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 6,529 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 27 properties listed for sale, and 6 properties listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 267 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.