About this property
Also written as Unit 74, 56 Derby Street.
Kensington VIC 3031, Australia
Also written as Unit 74, 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.
74/56 Derby Street is a unit situated in the inner‑city suburb of Kensington, Victoria. The unit sits on a sizeable land parcel of 14,237 m²
Kensington lies about 4 km (approximately 2.5 mi) north‑west of Melbourne’s CBD, placing the unit within easy reach of the city centre
The property is close to several train stations: South Kensington (≈0.3 km), Kensington (≈0.4 km) and Macaulay (≈0.8 km). Tram route 57 runs along the northern edge of the suburb, and bus routes 402 and 404 serve the surrounding roads
J.J. Holland Park is just a short walk away (about 0.2‑0.3 km) and provides open space and recreation. Bayswater Road Park is also nearby, roughly 0.6 km from the unit
Kensington Theatre, a former cinema, is only about 0.1 km away, and the historic Kensington Town Hall is within 0.8 km. The Former Kensington Property Exchange, an office‑shop‑residential complex, is also located nearby
Kensington features a diverse mix of architecture, including Victorian terraces, cottages, warehouse apartments and newer structures, especially in its western part. The suburb is known for its hilly sections and tree‑lined streets
According to the 2021 census, Kensington had 10,745 residents with a median age of 35 and an average household size of 2.1. The median weekly household income is $2,216, and many residents work as professionals, managers or in clerical and administrative roles
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