8/33-41 Rankins Road, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

8/33-41 Rankins Road
Kensington VIC 3031

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 53m2
Land area: 1130m2
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Property Details for 8/33-41 Rankins Rd, Kensington

8/33-41 Rankins Rd, Kensington is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 1130m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1998
Floor Size
53m2
Land Size
1130m2
Local Government
Melbourne
Lot/Plan
8/PS422946

Last Listing description (November 2022)

Featuring a city and district view positioned in a lively locale, moments to Parsons Street Park and Racecourse Road, this enormous one bedroom apartment boasts two well-proportioned courtyards and two rare under cover off street car spaces.

Stainless steel kitchen appliances including a gas cooktop and dishwasher; ample bench space preside over the kitchen with an uninterrupted east facing pretty Victorian street scape and city views from the expansive picture windows. Courtyard aspects welcome natural light into the living room, linked by a glass door to the undercover courtyard and all year-round alfresco dining with room for the largest BBQ.

The double bedroom complete with a built-in robe and private courtyard is a quiet inner-city oasis. Split system heating/cooling also entices, as does the central bathroom with bath and separate shower. European laundry facilities include storage and separate laundry trough.

Featuring fresh paint throughout, wall to wall as new carpet and ample natural light above and beyond typical one bedroom accommodation and boasting district and city views and an airy feel, this is a property rarely seen and built at a time when space was a priority.

An excellent investment opportunity, first home or downsizers inner city pad poised between Racecourse Road and Macaulay Road, a stroll to city bound trams, Kensington Station and cosmopolitan Kensington Village shops and cafes.

Property History for 8/33-41 Rankins Rd, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$395,000
26 Oct 2022
Listed for Rent
$340/w
22 Nov 2021
  • 26 Oct 2022
    Sold for $395,000
  • 21 Sep 2022
    Listed for Sale $390,000 - $399,000
  • 21 Sep 2021
    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 7,736 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 13 properties listed for sale, and 7 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.