About this property
Also written as Unit 111, 56 Derby Street.
Kensington VIC 3031, Australia
Also written as Unit 111, 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 is a unit situated within the inner‑city suburb of Kensington. It sits on a substantial parcel of land measuring 14,237 m²
The unit occupies 14,237 m² of land, providing ample space compared with typical inner‑city dwellings
Kensington is well‑served by train stations – Kensington (≈0.4 km) and South Kensington (≈0.3 km) – as well as Macaulay station (≈0.8 km). Tram route 57 runs along Racecourse Road to the north, and bus routes 402 and 404 travel the main roads
J.J. Holland Park is just 0.2‑0.3 km away, offering open green space and recreation. Additional nearby parks include Bayswater Road Park (≈0.6 km) and the newer Kensington Banks park along the Maribyrnong River
The historic Kensington Theatre is only about 0.1 km from the unit, and a small cluster of local shops lies in the northern part of the suburb. The area is known for its village‑like cafés and diverse architecture
Kensington offers a blend of Victorian terraces, new developments and tree‑lined streets, giving it a village ambiance with hills and plenty of greenery. The suburb has undergone significant urban renewal, especially around the former Newmarket Saleyards
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