308/40 Altona Street, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

308/40 Altona Street
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 2245m2
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Property Details for 308/40 Altona St, Kensington

308/40 Altona St, Kensington is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2245m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2009
Floor Size
78m2
Land Size
2245m2
Local Government
Melbourne
Lot/Plan
308/PS619606

Last Listing description (October 2024)

Discover the essence of modern urban living in this beautifully positioned two-bedroom apartment nestled in a serene parkland setting. Offering a perfect blend of lifestyle, convenience, and security, this spacious residence boasts all the comforts you desire.

- Main bedroom with an ensuite and a walk-in-robe, providing ample storage and privacy.

- Second bedroom featuring built-in robes (BIR's).

- Central bathroom ensuring convenience and comfort for all residents.

- Spacious kitchen equipped with stainless steel appliances, including a dishwasher.

- Large open plan lounge and dining area perfect for entertaining or relaxing with family and friends.

- Split system heating and cooling for year-round comfort.

- Undercover secure parking with lift access and security entrance.

- Enjoy the outdoors with a balcony offering parkland views.

- Recently updated with new carpet, new blinds, and freshly painted walls.

Opposite JJ Holland Park and close to a new recreation/aquatic centre (under construction), the apartment also offers walking distance access to Kensington and South Kensington train stations (with convenient access to the CBD), Macaulay Road shops, cafes, and easy connectivity via Citylink.

Property History for 308/40 Altona St, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$550,000
11 Sep 2024
Listed for Rent
$420/w
27 Nov 2020
  • 11 Sep 2024
    Sold for $550,000
  • 22 Aug 2024
    Listed for Sale Under Offer
  • 29 Oct 2020
    Listed for Rent $420 / week
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About Kensington 3031

The size of Kensington is approximately 2.1 square kilometres. It has 19 parks covering nearly 13.6% of 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 7,385 properties. Over the last 5 years, Houses in Kensington have seen a -1.10% decrease in median value, while Units have seen a 4.99% increase. As at 30 November 2025:

  • The median value for Houses in Kensington is $1,204,184 while the median value for Units is $564,754.
  • Houses have a median rent of $653 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 493 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.