23 Rayner Lane, Kensington, VIC 3031 sold on 22 July 2025 | OnTheHouse
SOLD
Sold on 22 Jul 2025 - Price Unavailable

23 Rayner Lane
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 32m2
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Property Details for 23 Rayner Lane, Kensington

23 Rayner Lane, Kensington is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 32m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Townhouse sold in Kensington in the last 12 months.

Building Type
Townhouse
Floor Size
107m2
Land Size
32m2

Last Listing description (July 2025)

The owner has given us clear instructions to sell this property. Perfectly positioned just 6km from Melbourne's CBD, this beautifully maintained home is a rare find in the highly sought-after Kensington Banks precinct. Whether you're a first home buyer ready to break into the market or a savvy investor looking for long-term value, this is an unbeatable opportunity in one of Melbourne's most tightly held inner-city locations.

Set just a short walk from parklands, South Kensington Station, and major freeway access, this home offers the perfect balance of lifestyle, convenience, and low-maintenance living-all topped off with the security of a private lock-up garage.

Property Highlights:

Spacious Living Area
Generous in size and opening directly onto a sun-drenched, north-westerly facing balcony, ideal for relaxing, entertaining, or soaking in the natural light.

Well-Designed Kitchen
Featuring stainless steel cooking appliances, a dishwasher, and ample storage, with a dedicated separate meals area -so your living space stays open and uncluttered.

Bright Bedroom with Storage
The bedroom includes wall-to-wall built-in robes and a large north-west facing window that captures natural light throughout the day.

Secure Lock-Up Garage
An increasingly rare feature this close to the city-perfect for peace of mind and extra storage options.

Low-Maintenance Living
Ideal for busy professionals, downsizers, or investors who want lifestyle with minimal upkeep.

Prime Location Benefits:

Just 6km to Melbourne CBD
Or 3km via bike or car, making your commute quick and effortless.
Walk to South Kensington Station, local cafes, river trails, and parks.
Moments from Flemington Racecourse, Melbourne Showgrounds, Victoria University, and easy freeway access.
Surrounded by established homes in a quiet, green pocket with village-style charm and city convenience.

This is inner-city buying made easy-with a rare garage, natural light, and unbeatable location. Don't miss your chance to secure this hidden gem.

Property History for 23 Rayner Lane, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
22 Jul 2025
Listed for Rent
$405/w
05 Aug 2022
  • 18 Jul 2025
    Sold for $510,000
  • 05 May 2025
    Listed for Sale $500,000 to $550,000
  • 14 Jun 2022
    Listed for Rent $405 / 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 9 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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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.