510/255 Racecourse Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

510/255 Racecourse Road
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 902m2
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Property Details for 510/255 Racecourse Rd, Kensington

510/255 Racecourse Rd, Kensington is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 902m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2013
Floor Size
78m2
Land Size
902m2
Local Government
Melbourne
Lot/Plan
510/PS640902

Last Listing description (January 2020)

Prominently positioned mere moments from vibrant local cafes and shopping, spectacular city vistas accompany the impressively appointed spaces of this beautifully bright and airy fifth-floor apartment. Lounge and dining plus magnificent entertainer's terrace offer panoramic views across the leafy suburb, to the turning Star, and the sparkling city skyline. Be it day or night, the views are superb. Bosch appliances and stone trimmings illustrate the desired level of kitchen quality, mirrored in the bathrooms (master ensuite) and bedrooms matched with mirrored robes and split system heating/cooling. Video intercom, keyless fob access, car space and - of course - the marvellous Racecourse Rd setting ensure lifestyle enjoyment.

Property History for 510/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$552,500
19 Dec 2019
Listed for Rent
$470/w
07 Jun 2018
  • 19 Dec 2019
    Sold for $552,500
  • 30 Oct 2019
    Listed for Sale $570,000
  • 23 Apr 2018
    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 7,736 properties. Over the last 5 years, Houses in Kensington have seen a -13.78% decrease in median value, while Units have seen a -6.10% decrease. As at 31 July 2026:

  • The median value for Houses in Kensington is $1,099,858 while the median value for Units is $556,240.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 307 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.