3/38a Kensington Rd, South Yarra is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in South Yarra in the last 12 months.
This generously proportioned apartment is ideally positioned to take advantage of a vibrant inner city lifestyle, adjacent to Como Park and walking distance to fashionable Chapel Street, Toorak Village, Yarra River and public transport. Elevated in leafy surrounds, situated on the first floor of a tightly held low-rise block, this apartment enjoys a northern orientation and a spacious floorplan with excellent separation of space. Comprising an entrance hall, two large bedrooms both with built in robes, an updated central bathroom with laundry facilities, a separate toilet and a functional kitchen adjoining an expansive living and dining area which opens to a large covered balcony with a tree-top outlook. Features include reverse cycle heating/cooling, carpet through-out, gas cooking, security entrance and an under-cover car space. Fabulously located on a quiet tree-lined street, just minutes from Toorak, Hawksburn or South Yarra shopping villages, offering a multitude of shopping, dining and entertainment choices. With trams, Yarra River walking and cycling trails, the Royal Botanic Gardens, Melbourne’s Sporting Precinct and the CBD all in close proximity. An exceptional opportunity not to be missed.
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.
South Yarra has 25,491 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:
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