285 Racecourse RoadKensington VIC 3031
Property Details for 285 Racecourse Rd, Kensington
Last Listing description (June 2026)
Set in one of Kensingtons most connected and character-filled pockets, 285 Racecourse Road presents an outstanding opportunity to secure a property in a thriving inner-city location. With trams at your doorstep and village-style amenities close by, this address delivers the convenience and lifestyle appeal buyers are searching for.
Positioned moments from local cafs, shops, parklands and transport links, the home enjoys easy access to the CBD, Flemington Racecourse and some of Melbournes most vibrant surrounding suburbs. It is an address that perfectly balances everyday practicality with the charm and energy of a well-established community.
Whether you are looking to invest, occupy or explore the potential of a blue-chip city-fringe location, this is a chance to make your mark in tightly held Kensington. A superb setting, excellent connectivity and enduring neighbourhood appeal make this a property not to be missed.
The property is subject to a recently executed lease agreement at a rental of $40,000 per annum (plus GST). The lease comprises an initial five (5) year term with a further five (5) year option, having commenced on 1 March 2026. A strong result for a long-term commercial tenancy
Property History for 285 Racecourse Rd, Kensington, VIC 3031
- 16 Jun 2026Listed for Sale $1,200,000 - 1,300,000
- 10 Sep 2025Listed for Rent - Price not available
- 11 Jan 2024Listed for Rent - Price not available
Recent sales nearby
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0About 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 7,730 properties. Over the last 5 years, Houses in Kensington have seen a -17.05% decrease in median value, while Units have seen a -4.96% decrease. As at 31 May 2026:
- The median value for Houses in Kensington is $1,117,223 while the median value for Units is $574,022.
- Houses have a median rent of $730 while Units have a median rent of $595.
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