71 Mercantile Parade, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

71 Mercantile Parade
Kensington VIC 3031

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 232m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 71 Mercantile Pde, Kensington

71 Mercantile Pde, Kensington is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2000. The property has a land size of 232m2. While the property is not currently for sale or for rent, it was last transferred in September 2024.

Building Type
Townhouse
Year Built
2000
Land Size
232m2
Local Government
Melbourne
Lot/Plan
3/PS421402

Last Listing description (April 2021)

Spacious and well-presented townhouse in the popular Kensington Banks Estate
- Three (3) bedrooms with built in robes, ensuite to main.
- Lounge

- Open plan kitchen with adjoining meals, gas cooktop, dishwasher and plenty of storage
- Study/sitting room upstairs
- Central bathroom
- Powder room
- Laundry
Also offers single lock up garage, gas ducted heating, and a generous secure rear yard. With easy access to Kensington Village, public transport and JJ Holland Park.

***OPEN TIMES CAN BE SUBJECT TO CHANGE, PLEASE CONFIRM TIMES ON THE DAY***

*** COVID-19 Announcement ***
If you're attending an open for inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from anyone attending the open for inspection, including other prospective renters and our team members, and if requested wait outside so as to reduce the number of people in the property at any one time. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance.

Thank you for your understanding.

Property History for 71 Mercantile Pde, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Transferred
20 Sep 2024
Listed for Rent
$570/w
28 Apr 2021
  • 20 Sep 2024
    Transferred
  • 09 Apr 2021
    Listed for Rent $570 / week
  • 11 Jun 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 7,734 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 13 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

Market Insights
Kensington Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kensington Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.