8/86 Rankins Rd, Kensington is a 1 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 713m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom House sold in Kensington in the last 12 months.
Brilliantly located in a picturesque tree-lined avenue with a cosmopolitan feel, moments from Kensington Station, this immaculately presented single bedroom apartment with valuable car space, radiates convenience. Appealing to a range of buyers including starters, professionals and canny investors, light filled interiors, with neutral dcor, offer an open plan contemporary kitchen/meals/living zone featuring a freestanding cooker, breakfast bar, rangehood, tiled splashbacks and ample cabinetry. The spacious double bedroom with built-in robe, roller blinds and carpet is enhanced by a smart ensuite with shower, vanity, toilet and plenty of storage. In an attractive block, secure intercom entry is via a paved landscaped walkway with rear carparking. Spoilt for choice with a range of dining options, trendy cafes, Newmarket Plaza, Flemington Racecourse, Citylink, Maribyrnong River walking trails, parklands, transport and recreational facilities close by, this fabulous low maintenance city fringe pad is just a few kilometers from the vibrant CBD, perfect for cycling enthusiasts. It's a great investment!
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:
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