304/255 Racecourse Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

304/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 902m2
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Property Details for 304/255 Racecourse Rd, Kensington

304/255 Racecourse Rd, Kensington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 902m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2011.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Land Size
902m2
Local Government
Melbourne
Lot/Plan
304/PS640902

Last Listing description (May 2020)

PROPERTY ID: 96888 (quote when calling)

Sunny and roomy one-bedroom luxury apartment in one of Melbournes most popular inner-city suburbs.

Located in sought after inner-city suburb Kensington, walk to multicultural restaurants, cafs, pubs and famous Melbourne Cup Racecourse. Handy access to Citylink, Newmarket Plaza Shopping Centre.

Large private north facing balcony

Open plan kitchen with European appliances, including dishwasher

Built-in robes

Large shower

Undercover secure car spot

Security entrance, bicycle racks

15 mins from Melbourne CBD

18 mins from Melbourne Airport (by Citylink)

5 mins from Royal Melbourne Hospital

5 mins from Melbourne University

Suitable for 2 tenants

Moving cost:

Bond (1 month): $1608

Rent (1 month): $1608

Total: $3216

Please register your details for the date and time of inspection. Thanks.

Property History for 304/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$402,500
12 Feb 2011
Listed for Rent
$370/w
18 May 2020
  • 10 Mar 2020
    Listed for Rent $370 / week
  • 12 Feb 2011
    Sold for $402,500
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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 7,729 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.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 313 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.