About this property
Also written as Unit 114, 56 Derby Street.
Kensington VIC 3031, Australia
Also written as Unit 114, 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 within walking distance of several train stations, including South Kensington (about 0.3 km) and Kensington station (about 0.4 km). Tram route 57 runs along Racecourse Road to the north, and bus routes 402 and 404 serve nearby Macaulay, Kensington and Smithfield Roads
J.J. Holland Park is just 0.2–0.3 km away, offering open green space and recreation. Additional green areas such as Bayswater Road Park (approximately 0.6 km) and the newer park near Eastwood Street and Rankins Road are also within easy reach
The Kensington Theatre, a historic former cinema, is only about 0.1 km from the unit, providing easy access to films and events. The suburb’s village ambience includes a variety of cafés and local shops within a short walk
The area features a mix of Victorian terraces, modern apartments and new developments, reflecting Kensington’s diverse architectural heritage. Tree‑lined streets and hilly sections give the suburb a village feel while staying close to the CBD (about 4 km north‑west)
Residents can reach Kensington Town Hall (around 0.8 km) and the Former Kensington Property Exchange (approximately 0.4 km) for community services and retail. The nearby tram stop at Wellington St/Racecourse Rd (about 1 km) adds further convenience
Kensington lies roughly 4 km (about 2.5 miles) north‑west of Melbourne’s CBD, placing the unit within a short commute by train or tram
The listing notes a land area of 14,237 m² for the unit’s parcel
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