1/50 Rankins RoadKensington VIC 3031
Property Details for 1/50 Rankins Rd, Kensington
1/50 Rankins Rd, Kensington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 97m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Kensington in the last 12 months.
Last Listing description (August 2026)
This two-bedroom, one-bathroom apartment offers low-maintenance living in one of Melbourne's most walkable city-fringe suburbs. With a dedicated car space included, the apartment suits professionals, couples or anyone seeking a convenient lifestyle close to the CBD.
The ground floor opens to a generous open-plan living and dining area, with a well-appointed kitchen with dishwasher, separate laundry and a private outdoor courtyard.
Upstairs, both bedrooms are positioned away from the main living areas, serviced by a central bathroom. The master bedroom opens to its own private balcony, adding an outdoor retreat to the top floor.
Kensington Station is within walking distance, providing direct rail access to the CBD and broader metropolitan network. Newmarket Station adds a second nearby option, tram connections link directly to the city, and CityLink is close at hand for those who travel by car.
Racecourse Road is the neighbourhood's main retail and dining strip, with cafes, restaurants, supermarkets and specialty shops all within easy reach. Newmarket Plaza and the Bellair Street precinct add further day-to-day convenience, all within a short walk of the property.
Property History for 1/50 Rankins Rd, Kensington, VIC 3031
- 28 Aug 2026Listed for Rent $650 / week
- 29 Jul 2026Sold for $775,000
- 16 Nov 2020Listed for Rent $460 / week
Recent sales nearby
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About Kensington 3031
The size of Kensington is approximately 2.1 square kilometres. There are 19 parks, covering nearly 13.6% of the total area. The population of Kensington in 2016 was 10812 people. By 2021 the population was 10745 showing a population decline of 0.6% 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 2021, 48.70% of the homes in Kensington were owner-occupied compared with 45.30% in 2016.
Kensington has 7,736 properties. Over the last 5 years, Houses in Kensington have seen a -13.78% decrease in median value, while Units have seen a -6.10% decrease. As at 31 July 2026:
- The median value for Houses in Kensington is $1,099,858 while the median value for Units is $556,240.
- Houses have a median rent of $740 while Units have a median rent of $600.
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