55 Rankins Road, Kensington VIC 3031
This property is Off Market
- The Average property price in this area is $1,147,831, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 2.74 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Kensington (Vic.)
With an average age of 34, households expect an average monthly mortgage payment of $1,810 or a weekly rent payment of $430. The average family earns a weekly income of $3,042 with a typical household size of 1.9 and a 95.76% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Kensington ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Kensington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Kensington necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Stop 24: Collett Street
Stop 24: Victoria Street
Stop 25: Wellington Street
Stop 25: Wellington Street
Stop 26: Newmarket Station
Stop 26: Newmarket Station
Stop 28: Smithfield Road
Stop 28: Smithfield Road
Macaulay
Kensington
General Points of Interest
Hall's Taekwondo Centre
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
Altona Badminton Centre
Sunshine Marketplace
Flemington Grandstand
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1303 asthma sufferers and 314 people living with diabetes. In addition, 294 people have a heart/vascular condition and 827 people live with three or more chronic diseases.A good place to invest in property?
Kensington (Vic.) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
73 / 100
52 / 100
Industry
29 / 100
17 / 100
Population
29 / 100
32 / 100
House Prices
70 / 100
70 / 100
Jobs
46 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsKensington Primary School Mount Alexander 7-12 College
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Kensington Primary School
Kensington, VIC, 3031 State Prep-6
Property Story
55 Rankins Road, Kensington, Vic, 3031 is a residential property with 2 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated distance to the sea is 2.74km and at least 2.09KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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