1B Addison Street, Kensington, NSW 2033 | Property Value & History | OnTheHouse
OFF MARKET

1B Addison Street
Kensington NSW 2033

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 231m2
Land area: 349m2
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Property Details for 1b Addison St, Kensington

1b Addison St, Kensington is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 349m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1987
Floor Size
231m2
Land Size
349m2
Local Government
Randwick
Lot/Plan
2/DP747236

Last Listing description (March 2022)

In a fantastic location in the heart of Kensington, opposite OLSH College, this freestanding home offers plentiful space for the growing family as well as superb potential for the developer or those looking to make their mark (STCA). Spread over two substantial levels and featuring an enormous basement, the double-brick home is bathed in natural light with a perfect north to rear aspect while an elevated setting affords sweeping district views to Sydney Tower from both levels. A superb layout features four large bedrooms on the upper level with a master wing featuring a study or nursery while the lower level features a choice of living areas and a sunny granite kitchen. Available for the first time in 33 years, this is a rare opportunity with flexible R2 Zoning and a 22.8m street frontage offering potential for a dual-occupancy development. Just 500m to the light rail and Kensington village, this connected inner east location offers the best of both worlds with easy access to the city and beaches as well as being walking distance to Centennial Park, Royal Randwick Racecourse and UNSW.

- Wide entry hall, polished timber floors
- Prime block with a north to rear aspect

- Wide entry hall, polished timber floors
- 4 large bedrooms all with built-in robes
- Upper level sitting room with city views
- Master with ensuite and study or nursery
- Spacious living room, sunny dining room
- Granite kitchen and family living area
- 103sqm basement with rumpus room
- Huge storeroom ideal as a wine cellar
- North facing courtyard, dining terrace
- 3 full bathrooms, the main with a bath
- Double lock-up garage (internal access)
- Solar hot water and rainwater tank
- R2 Zoning with development potential
- 22.8m frontage (dual occupancy permitted)
- Directly opposite OLSH College campus
- Kensington Public School catchment area
- Easy access to the city and Coogee Beach
- Just over 1km to Centennial Parklands
- 500m to the light rail, walk to UNSW

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Property History for 1b Addison St, Kensington, NSW 2033

A timeline of how this property has performed in the market
Last Sold
$3,050,000
05 Mar 2022
Listed for Rent
$995/w
27 Apr 2020
  • 05 Mar 2022
    Sold for $3,050,000
  • 31 Jan 2022
    Listed for Sale Auction This Saturday
  • 05 Nov 2021
    Listed for Sale For Sale - Contact Agent
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About Kensington 2033

The size of Kensington is approximately 2.7 square kilometres. There are 21 parks, covering nearly 28.4% of the total area. The population of Kensington in 2016 was 15004 people. By 2021 the population was 11927 showing a population decline of 20.5% in the area during that time. The predominant age group in Kensington is 20-29 years. Households in Kensington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington work in a professional occupation.In 2021, 42.90% of the homes in Kensington were owner-occupied compared with 38.90% in 2016.

Kensington has 6,230 properties. Over the last 5 years, Houses in Kensington have seen a -8.81% decrease in median value, while Units have seen a 1.98% increase. As at 31 August 2026:

  • The median value for Houses in Kensington is $2,989,502 while the median value for Units is $1,020,543.
  • Houses have a median rent of $1,600 while Units have a median rent of $825.
There are currently 22 properties listed for sale, and 43 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 2033

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.