501/255 Racecourse Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

501/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 902m2
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Property Details for 501/255 Racecourse Rd, Kensington

501/255 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 58m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
Unit
Year Built
2013
Floor Size
58m2
Land Size
902m2
Local Government
Melbourne
Lot/Plan
501/PS640902

Last Listing description (June 2021)

**2 Weeks Free Rent**

Looking for the perfect apartment? Look no further. You'll be impressed by the space, style and convenience of this apartment and is perfect for most.

Featuring quaint entrance, spacious study with built in desk, sparkling bathroom with laundry facilities, good sized bedroom with BIR, living/dining with loads of natural light, modern fully equipped kitchen with stylish black splashback and a good sized balcony with spectacular roof top views!

Ideally located close to Melbourne's city link, a short drive to the CBD, public transport at your doorstep and a stones throw from cafes and restaurants, local schools and shops. Other extras include: security entrance, one car space, storage cage and bicycle racks. This one is not to be missed!

Property History for 501/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$455,748
09 Jun 2011
Listed for Rent
$320/w
12 Jun 2021
  • 29 Jan 2021
    Listed for Rent $360 / week
  • 26 Sep 2019
    Listed for Rent $390 / week
  • 16 Feb 2018
    Listed for Rent $380 / 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 7,735 properties. Over the last 5 years, Houses in Kensington have seen a -11.38% decrease in median value, while Units have seen a -3.90% decrease. As at 30 June 2026:

  • The median value for Houses in Kensington is $1,105,970 while the median value for Units is $579,325.
  • Houses have a median rent of $730 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 315 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.