409/255 Racecourse Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

409/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 902m2
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Property Details for 409/255 Racecourse Rd, Kensington

409/255 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 51m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
2013
Floor Size
51m2
Land Size
902m2
Local Government
Melbourne
Lot/Plan
409/PS640902

Last Listing description (January 2019)

In the stylish and secure Newmarket complex, this fourth-floor abode is a must-see for inner-city professionals and blue-chip investors alike with its impressive dimensions, premium features and breathtaking outlook. Filled with natural light, the apartment's vogue interior showcases one large bedroom (BIRs) and stylish central bathroom, open-plan living/meals area flanked by floor-to-ceiling windows leading out to an oversized terrace with sweeping views to the city and beyond. Add to this a superb stone-top kitchen with Bosch cooking appliances and dishwasher, split-system heating and cooling, efficient LED lighting and discreet laundry facilities, video intercom, plus lift to secure entry foyer and lower-level parking space. Racecourse Road trams and cafes at your doorstep, it's also close to both Newmarket and Macaulay stations, shops and supermarkets, as well as Moonee Ponds Creek trail and easy access to Citylink. Quite simply one of Kensington's best 1BR apartments!

Property History for 409/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$404,000
22 Dec 2018
Listed for Rent
$355/w
10 Sep 2014
  • 22 Dec 2018
    Sold for $404,000
  • 14 Nov 2018
    Listed for Sale Private Sale $409,000
  • 25 Jul 2014
    Listed for Rent $355 / week
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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 6 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 312 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.