602/255 Racecourse Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

602/255 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 602/255 Racecourse Rd, Kensington

602/255 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 2020.

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

Last Listing description (December 2017)

Mortgagee in Possession.
Located in the inner city hub of Kensington, this appealing one bedroom apartment on the top floor of the Newmarket apartment complex is perfect for either an owner occupier or astute investor.
Within close proximity to popular retail, eateries and cafes along Racecourse Road or venture nearby to the trendy Macaulay Road shopping strip.

Easy access with the Tram line at your front door, M1 freeway, Newmarket train station, only moments from Parkville Parks and the Melbourne CBD. This apartment would appeal to those looking for an ideal city fringe property.
This fantastic apartment features:
- Full length balcony with Northern aspect
- Open plan living and dining area
- Modern kitchen with Bosch stainless steel appliances and gas stove
- Bedroom with built-in mirrored robes
- fully tiled bathroom
- Split system air conditioning
- European laundry
- Floor to ceiling windows
- One secure car space
- Security entrance and Lift access

Property History for 602/255 Racecourse Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$360,000
21 Dec 2020
Listed for Rent
$350/w
02 Feb 2017
  • 21 Dec 2020
    Sold for $360,000
  • 21 Oct 2017
    Sold for $351,500
  • 13 Sep 2017
    Listed for Sale Not Disclosed
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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 -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 12 properties listed for sale, and 8 properties listed for rent in Kensington on OnTheHouse. According to Cotality's data, 308 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.