12/33-41 Rankins Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

12/33-41 Rankins Road
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 1130m2
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Property Details for 12/33-41 Rankins Rd, Kensington

12/33-41 Rankins Rd, Kensington is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 1130m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1998
Floor Size
98m2
Land Size
1130m2
Local Government
Melbourne
Lot/Plan
12/PS422946

Last Listing description (July 2022)

Primed for entertaining and easy living, this modern two bedroom plus study apartment boasts two outdoor spaces and generous living across two levels. Its open-plan layout is comprised of a relaxed and spacious living and dining area. Stacker doors make for an easy transition to a generous entertainer's balcony, highlighted by north/easterly aspects perfect for soaking up the sun and enjoying views of the city. A second outdoor sitting area is placed off the front entry. A well-placed kitchen includes stainless steel appliances, a gas cooktop, a new Bosch dishwasher and excellent storage options. Second-floor accommodation reveals raked ceilings and lovely light-filled rooms. Each includes built-in robes, split system A/C units, plush carpet and share a spacious bathroom including a bath, and rainfall shower. A smart study area is graced with lots of natural light providing a great workspace. Complete with engineered timber floors, euro laundry, intercom foyer entry and secure tandem car space and storage space. A stone's throw from Racecourse Road cafes, shops, and entertainment. Also benefiting from easy access to trams, New Market Station, and CityLink.

Currently tenanted returning $2,042.00 PCM until March 2023

Property History for 12/33-41 Rankins Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$714,000
25 May 2022
Listed for Rent
$500/w
11 Mar 2021
  • 25 May 2022
    Sold for $714,000
  • 06 Apr 2022
    Listed for Sale Under Offer
  • 12 Feb 2021
    Listed for Rent $500 / week
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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 7,733 properties. Over the last 5 years, Houses in Kensington have seen a -12.65% decrease in median value, while Units have seen a -5.02% decrease. As at 31 August 2026:

  • The median value for Houses in Kensington is $1,068,737 while the median value for Units is $564,458.
  • Houses have a median rent of $748 while Units have a median rent of $615.
There are currently 11 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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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.