55 Rankins Road,
Kensington VIC 3031

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?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Mount Alexander 7-12 College Kensington Primary School

• Mount Alexander 7-12 College

  Flemington, VIC, 3031 State 7-12

  NAPLAN

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• Kensington Community High School

  Kensington, VIC, 3031 State 7-12

  NAPLAN

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Property Story

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