56-58 The Ridgeway, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

56-58 The Ridgeway
Kensington VIC 3031

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 251m2
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Property Details for 56-58 The Ridgeway, Kensington

56-58 The Ridgeway, Kensington is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 251m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1910
Floor Size
122m2
Land Size
251m2
Local Government
Melbourne
Lot/Plan
1/TP622493

Last Listing description (June 2024)

Immediately enjoyable with scope to further enhance and expand (STCA), this freestanding period home provides a wonderful city-fringe lifestyle/investment opportunity enviably positioned in one of Kensington's most desirable streetscapes.

Beyond the picket-fenced garden and gorgeous facade, discover a well-proportioned interior filled with natural light comprising two genuinely large bedrooms with built-in robes both complemented by an updated bathroom. Add to this a spacious central living room and open dining area adjoined by a contemporary-style kitchen complete with stainless-steel cooking appliances (900mm) and dishwasher. Towering ceilings, solid timber floors, split-system heating/cooling and additional ceiling fans all add to the allure, along with a large internal laundry and attic storage via retractable ladder. Rounding out this terrific lifestyle package is a sunny north-facing backyard with quality synthetic turf and high fences for privacy, plus direct access to the rear ROW.

A short stroll to Macaulay Road cafes and shops, local parks, popular primary schools and Kensington Station (two stops to town), it also offers easy access to Flemington Racecourse and endless trails along the Maribyrnong River.

Property History for 56-58 The Ridgeway, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$1,026,000
18 Jun 2016
Listed for Rent
$650/w
08 Jun 2022
  • 29 May 2024
    Listed for Sale Private Sale $1,230,000
  • 03 May 2022
    Listed for Rent $650 / week
  • 25 Nov 2019
    Listed for Rent $690 / 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 7,737 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 14 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 309 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.