About this property
Also written as Unit 81, 56 Derby Street.
Kensington VIC 3031, Australia
Also written as Unit 81, 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.
81/56 Derby Street is a unit situated on a substantial land parcel of 14,237 m². The property combines the convenience of apartment living with a large site area within Kensington
J.J. Holland Park is approximately 0.2‑0.3 km away, providing easy walking access to green space and recreational facilities
South Kensington railway station is about 0.3 km away and Kensington station is roughly 0.4 km away. Tram route 57 runs along Racecourse Road on the suburb’s northern edge, and bus routes 402 and 404 serve nearby roads
Kensington is an inner‑city suburb about 4 km north‑west of Melbourne’s CBD, known for its village ambiance, cafés, and a mix of Victorian terraces, warehouse apartments and newer developments. The area features hilly sections and tree‑lined streets
The Kensington Theatre is just 0.1 km from the property, offering a historic venue for film and community events within walking distance
Smithfield Road, part of the Princes Highway, runs along the northern side of Kensington, while Macaulay Road links the suburb directly to Melbourne’s eastern suburbs
In the 2021 census, Kensington recorded a population of 10,745 residents with a median age of 35 years
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