204/87 Lambeth Street, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

204/87 Lambeth Street
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 448m2
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Property Details for 204/87 Lambeth St, Kensington

204/87 Lambeth St, Kensington is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 448m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2016
Floor Size
59m2
Land Size
448m2
Local Government
Melbourne
Lot/Plan
204/PS726116

Last Listing description (June 2021)

The luxury of space, serenity, security and a low maintenance lifestyle can all be yours with this superbly proportioned one bedroom warehouse style apartment nestled in a quiet pocket of Kensington. Enjoying a coveted corner position, highlighted by ambient natural light, streaming in through vast glass aspects, city views and large balcony for relaxing and dining alfresco, the property also comes with a private, basement level storage room. Sophisticated and stylish open plan living, dining zones are enhanced by contemporary colour scheme offset by quality finishes, clean lines and modern timber floors. The fully equipped kitchen sits conveniently to the side and displays Bosch electric cooking appliances, stainless steel dishwasher, pull-out pantry, stone top benches and breakfast bar. The well-scaled bedroom enjoys generous built-in-robe. While a floor to ceiling tiled bathroom flaunts modern vanity, added storage, toilet and large rainfall shower. Additional features include split-system air conditioner, double glazing, European laundry, modern blinds, carpet (bedroom), visual intercom, secure lift and foyer entry, as well as a secure area for storing bikes. In an upmarket boutique complex of fifteen, near Kensington Village cafs, Newmarket shops, trams, trains and the CBD, the property is well-suited for professional couples, market entrants and investors.

Features
- Outstanding one bedroom warehouse apartment with city views

- Generous open plan living domain spills onto a large balcony
- Stone bench kitchen with Bosch appliances, dishwasher, pantry
- Double size bedroom/BIR, contemporary bathroom and laundry
- Split-system air conditioner, secure entry, private storage room
- A short walk to Kensington Village cafs, shops, train stations

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Property History for 204/87 Lambeth St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$472,500
05 Jun 2021
Listed for Rent
$415/w
03 Jun 2020
  • 05 Jun 2021
    Sold for $472,500
  • 19 May 2021
    Listed for Sale Under Offer
  • 30 Apr 2020
    Listed for Rent $415 / 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 7,736 properties. Over the last 5 years, Houses in Kensington have seen a -11.38% decrease in median value, while Units have seen a -3.90% decrease. As at 30 June 2026:

  • The median value for Houses in Kensington is $1,105,970 while the median value for Units is $579,325.
  • Houses have a median rent of $730 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 315 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.