4/38-40 Rankins Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

4/38-40 Rankins Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 47m2
Land area: 552m2
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Property Details for 4/38-40 Rankins Rd, Kensington

4/38-40 Rankins Rd, Kensington is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 552m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
1970
Floor Size
47m2
Land Size
552m2
Local Government
Melbourne
Lot/Plan
4/SP20774

Last Listing description (March 2019)

A delightful light-filled apartment with park views in sought-after city fringe location.
Located in small block of only 12

Views over leafy Parsons Reserve
Light and bright open-plan living/dining room
Modern kitchen with appliances
Double bedroom with BIR and updated en suite
Kensington Village moments away
Close to train stations and tram

Property History for 4/38-40 Rankins Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$302,000
22 Jan 2019
Listed for Rent
26 Apr 2017
  • 22 Jan 2019
    Sold for $302,000
  • 15 Aug 2018
    Listed for Sale $302,000
  • 05 Apr 2017
    Listed for Rent - Price not available
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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 7,733 properties. Over the last 5 years, Houses in Kensington have seen a -12.65% decrease in median value, while Units have seen a -5.02% decrease. As at 31 August 2026:

  • The median value for Houses in Kensington is $1,068,737 while the median value for Units is $564,458.
  • Houses have a median rent of $748 while Units have a median rent of $615.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 308 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.