About this property
Also written as Unit 89, 56 Derby Street.
Kensington VIC 3031, Australia
Also written as Unit 89, 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 at 89/56 Derby Street is a unit. It sits on a sizeable parcel of land measuring 14,237 m²
Several train stations are within walking distance: South Kensington station (~0.3 km), Kensington station (~0.4 km) and Macaulay station (~0.8 km). Tram route 57 runs along Racecourse Road nearby, and bus routes 402 and 404 serve the area
J.J. Holland Park is just about 0.2 km away, offering open space and recreational facilities. Bayswater Road Park is also close, roughly 0.6 km from the unit
The historic Kensington Theatre is only 0.1 km away, and the Holy Rosary School (a Catholic primary school) is about 0.2 km distant. Kensington Town Hall and the former Kensington Property Exchange are within 0.8 km
Kensington lies roughly 4 km north‑west of Melbourne’s CBD, so the unit at 89/56 Derby Street is about that distance from the city centre
Kensington is known for its village ambience, cafés and diverse architecture, ranging from Victorian terraces to modern apartments. The suburb has a young median age of 35, a median weekly household income of $2,216 and a mix of professionals, managers and creative residents
The suburb was once home to major abattoirs, livestock saleyards and an army ordnance depot, which were redeveloped after the 1980s into the Kensington Banks residential precinct. The heritage of railways and industrial sites contributes to the area’s unique urban‑renewal story
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