About this property
Also written as Unit 11, 56 Derby Street.
Kensington VIC 3031, Australia
Also written as Unit 11, 56 Derby Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
The property at 11/56 Derby Street is a unit. It sits on a sizable parcel of land measuring 14,237 m²
Kensington station is about 0.4 km away, South Kensington station is roughly 0.3 km away, and Macaulay station is within 0.8 km. Tram route 57 runs along Racecourse Road nearby, and bus routes 402 and 404 serve the area
J.J. Holland Park is just 0.2‑0.3 km from the unit, offering green space and leisure facilities. Additional nearby open spaces include Bayswater Road Park (0.6 km) and the newer park near Eastwood Street and Rankins Road
The historic Kensington Theatre is only 0.1 km away, providing easy access to cinema and performance events
Key arterial roads include Smithfield Road (Princes Highway) to the north, Racecourse Road forming the northern boundary, and Macaulay Road which links Kensington directly to Melbourne’s CBD
Kensington is known for its village ambience, cafés, and a mix of Victorian terraces, cottages, warehouse apartments and newer developments. The suburb is hilly in parts, features tree‑lined streets, and is located about 4 km north‑west of Melbourne’s Central Business District
According to the 2021 census, Kensington had a median age of 35, a median weekly household income of $2,216, and a diverse community with many residents speaking languages such as Mandarin, Cantonese, Vietnamese, Spanish and Somali
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