96-98 Mercantile Parade, Kensington, VIC 3031 | Property Value & History | OnTheHouse
OFF MARKET

96-98 Mercantile Parade
Kensington VIC 3031

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 214m2
Land area: 188m2
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Property Details for 96-98 Mercantile Pde, Kensington

96-98 Mercantile Pde, Kensington is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 188m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Year Built
1999
Floor Size
214m2
Land Size
188m2
Local Government
Melbourne
Lot/Plan
4/PS427087

Last Listing description (December 2024)

Across three luminous levels, this remarkable residence presents an exceptional inner-urban family lifestyle opportunity with its vast and versatile design, impressive enhancements and prime location moments from the open spaces of JJ Holland Reserve.More house than townhouse, the impeccable interior showcases three generous bedrooms (large master) all with built-in robes, as well as a private ensuite, deluxe main bathroom with freestanding tub and additional (3rd) WC.Family appeal is further enhanced by three distinct living spaces. Aa spacious lounge (or home office) with kitchenette, a versatile rumpus/retreat and an expansive open living/dining area adjoined by a superb stone-bench kitchen with soft-close cabinetry, quality cooking appliances and integrated dishwasher.Other fine features include a dedicated study zone, full-size laundry and under-stair storeroom, along with split-system heating/cooling (x3) and impressively high ceilings throughout.Completing the picture is a rear terrace with elevated outlook, front balcony and private backyard with undercover entertaining area, plus the added advantage of an internally-accessed double garage to Raynor Lane behind.A short stroll to the new recreation centre (under construction), Kensington Road buses and South Kensington Station (2 stops to town), its also close to endless river trails, village shops, cafes and popular primary schools, as well as easy access to Citylink.

Property History for 96-98 Mercantile Pde, Kensington, VIC 3031

A timeline of how this property has performed in the market
Last Sold
$1,280,000
13 Dec 2024
  • 13 Dec 2024
    Sold for $1,280,000
  • 16 Oct 2024
    Listed for Sale Under Offer
  • 01 Sep 2018
    Sold for $1,060,000
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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 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

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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.