3/38 Kensington Road, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

3/38 Kensington Road
South Yarra VIC 3141

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 584m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 21 Sep 2026
Low

High
Save

Property Details for 3/38 Kensington Rd, South Yarra

3/38 Kensington Rd, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 584m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Year Built
1970
Floor Size
51m2
Land Size
584m2
Local Government
Stonnington
Lot/Plan
3/RP245

Last Listing description (September 2026)

Saturday starts with Maker and a lie about just doing a quick walk.

Hair up.
Alo on.

AirPods in.

Coffee in one hand, tiny dog or emotional support tote in the other.

You head toward the Yarra, do enough steps to feel morally superior, then somehow end up adding a Tan lap because one of the girls said come on, its actually so nice out.

By 11:30 youre home.

Shower.
Airwrap.

Thirty minutes of saying I literally have nothing to wear.

Then Chapel Street.

You only need one thing from Mecca.
You leave with four.

Lunch turns into a wine.

Wine turns into should we just stay out?

You already know how this ends.

The funny part is coming home to Kensington Road.

Leafy.
Quiet.
Nobody yelling into a phone outside your window.

Just your own private little apartment upstairs in a solid double-brick block.

Living and kitchen together.
Bedroom and bathroom tucked away separately.

The floor plan has boundaries.
Respect.

The kitchen is a proper size too, with loads of storage and a breakfast bar looking into greenery.

Perfect for Sunday morning coffee while checking your bank account and briefly considering personal growth.

The bedroom is generous, robes are sorted, and split-system heating and cooling keeps Melbournes mood swings outside where they belong.

Undercover car space downstairs.
Although realistically the car spends most weekends wondering where you went.

Yarra for steps.
Chapel for damage.

Then back home to a street that feels nothing like the chaos you just voluntarily participated in.

Finer Details

Owners Corporation Fees: $2,749 per annum (approx.)
Council Rates: $1,150 per annum (approx.)
Water Rates: $935 per annum (approx.)
No. In Building: 1 of 12
Internal Size: 53 sqm (approx.)
Year Built: 1970
Rental Appraisal: $550 - $600
Owner Occupied vs Rented: 55/45
Title: Strata
Deposit: 10%
Settlement: 30 - 45 Days

Property History for 3/38 Kensington Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$530,000
10 Dec 2015
Listed for Rent
$390/w
09 Jun 2020
  • 19 Sep 2026
    Sold for $500,000
  • 21 Aug 2026
    Listed for Sale Private Sale: $489,000
  • 06 Apr 2020
    Listed for Rent $390 / week
Sign in to see more transactions
Commute Calculator

About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.

South Yarra has 26,627 properties. Over the last 5 years, Houses in South Yarra have seen a -19.78% decrease in median value, while Units have seen a -7.48% decrease. As at 31 August 2026:

  • The median value for Houses in South Yarra is $1,876,468 while the median value for Units is $594,082.
  • Houses have a median rent of $905 while Units have a median rent of $625.
There are currently 57 properties listed for sale, and 61 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1209 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

Market Insights
South Yarra 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
South Yarra 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.