102/87 Lambeth Street, Kensington, VIC 3031 sold on 28 March 2026 | OnTheHouse
SOLD
Sold on 28 Mar 2026 for $537,000

102/87 Lambeth Street
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 64m2
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Property Details for 102/87 Lambeth St, Kensington

102/87 Lambeth St, Kensington is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in Kensington in the last 12 months.

Building Type
Apartment
Floor Size
64m2

Last Listing description (March 2026)

Set within an architect-designed conversion of a former shoe warehouse, this oversized one-bedroom residence offers a rare opportunity to experience authentic warehouse living in the heart of Kensington.

One of only twelve residences in this boutique building, Apartment 102 combines industrial character with contemporary comfort across 64sqm* of internal living space, complemented by an 8sqm* alfresco balcony.

Soaring 3.8 metre* raked ceilings create a remarkable sense of scale, light and architectural drama throughout the expansive open-plan living and dining domain.

Full-height sliding glass doors extend the interior to a private veranda with retractable awnings and leafy street outlooks, creating an inviting outdoor space ideal for entertaining or relaxing year-round.

The well-designed kitchen is both functional and welcoming, positioned with surrounding windows that maximise natural light and airflow. The generous bedroom is serviced by a stylish bathroom, while a separate study with sliding door provides an ideal work-from-home environment without compromising privacy.

Additional features include a concealed European laundry with NBN connectivity, excellent linen storage and a secure basement lock-up storage room with dedicated space for bicycles and e-bikes.

Positioned in a tightly held warehouse conversion rich in character, the apartment enjoys immediate access to Kensington’s vibrant village lifestyle. Cafes, bars, supermarkets and local shops are all within easy walking distance, along with Kensington and Macaulay stations, Racecourse Road trams and the scenic Moonee Ponds Creek Trail, ensuring effortless connection to the CBD.

A distinctive residence combining authentic warehouse character, generous proportions and an exceptional inner-city lifestyle.

*Approximate

Property History for 102/87 Lambeth St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$537,000
28 Mar 2026
  • 28 Mar 2026
    Sold for $537,000
  • 17 Feb 2026
    Listed for Sale $470,000 - $510,000
  • 24 Jun 2014
    Sold for $420,000
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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 7,734 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.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 312 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 3031

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Stephen Simmonds
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Mimma Panetta
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Jas H Stephens Real Estate
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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.