Kensington VIC 3031, Australia
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.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 16 Mar 2015 | $900,000 | $1,878 |
| Sale | 27 Jul 2010 | $925,000 | $1,931 |
| Sale | 27 Aug 2007 | $710,500 | $1,483 |
Price per m² based on land size of 479 m².
The site sits on approximately 479 m² of land. This parcel provides enough footprint for a small‑to‑medium retail outlet, office suite or service‑based business with room for parking or loading zones
Three train stations are within a 0.8 km radius – South Kensington (0.4 km), Kensington (0.7 km) and Macaulay (0.8 km) – offering frequent Craigieburn, Werribee/Williamstown and Upfield line services. Tram route 57 runs along Racecourse Road nearby and bus routes 402 and 404 serve the area, providing excellent multi‑modal access
The property is close to Smithfield Road, part of the Princes Highway, as well as Racecourse Road, Macaulay Road and Epsom Road, all of which connect directly to the Melbourne CBD and surrounding suburbs
Within walking distance are the Kensington Theatre (≈0.3 km) and a range of cafés that attract local foot traffic. J.J. Holland Park (≈0.6 km) offers green space for employee breaks or community events
Kensington lies about 4 km (2.5 mi) north‑west of Melbourne’s CBD, providing a short commute for clients and staff while benefiting from a vibrant inner‑city environment
Kensington’s median weekly household income is $2,216, well above the state average, and the resident workforce is largely composed of professionals, managers and administrative staff, indicating strong purchasing power for service‑oriented businesses
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