4/87 Lambeth StreetKensington VIC 3031
Property Details for 4/87 Lambeth St, Kensington
4/87 Lambeth St, Kensington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 448m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Kensington in the last 12 months.
Last Listing description (April 2026)
Boutique bliss in a creative conversion
One of only fifteen in the building, this ground-floor apartment presents a compelling lifestyle or investment opportunity with its sizeable floorplan, impressive inclusions and prime location close to the best of Kensington.
Nestled at the rear, this impeccable abode comprises a generous bedroom with mirrored robes complemented by a stylish central bathroom with fully-tiled shower.
Filled with natural light, the spacious open living/dining area adds to the appeal serviced by a stone-top kitchen with Bosch cooking appliances and dishwasher.
Other fine features include split-system heating/cooling for year-round comfort, along with engineered timber floors, double-glazed windows and European laundry facilities.
Completing the picture is a private courtyard showcasing the old factorys original brick walls, plus a large lower-level storeroom and secure entry foyer with video intercom.
A short stroll to both Kensington and Macaulay stations (different train lines), along with Racecourse Road trams, village cafes and shops, its also close to the Moonee Ponds Creek Trail as well as easy access to CityLink.
Property History for 4/87 Lambeth St, Kensington, VIC 3031
- 10 Mar 2026Sold for $440,000
- 25 Feb 2026Listed for Sale Under Offer
- 28 Sep 2023Listed for Rent $450 / 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 7,727 properties. Over the last 5 years, Houses in Kensington have seen a -12.53% decrease in median value, while Units have seen a -2.53% decrease. As at 30 April 2026:
- The median value for Houses in Kensington is $1,149,236 while the median value for Units is $587,259.
- Houses have a median rent of $715 while Units have a median rent of $590.
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