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55 Rankins Road,
Kensington VIC 3031

This property is Off Market

All about Kensington Homes for sale in Kensington

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

Drive times

School Catchments

Property For Sale Nearby

Nelson Alexander 7 MCCONNELL ST, Under Offer 3 Beds - 1 Baths - 2 Parking Within 0.3 km Nelson Alexander 238-240 BELLAIR ST, EOI $2,000,000 - $2,200,000 4 Beds - 3 Baths - 2 Parking Within 0.6 km Nelson Alexander 54 HARDIMAN ST, Auction $950,000 - $1,020,000 2 Beds - 1 Baths - 1 Parking Within 0.7 km Nelson Alexander UNIT 404, 40 ALTONA ST, Under Offer 2 Beds - 1 Baths - 1 Parking Within 1.0 km Nelson Alexander 19 LINCOLN MEWS, Private Sale $850,000 1 Beds - 1 Baths - 1 Parking Within 1.1 km Woodards UNIT 235, 77 HOBSONS RD, $495,000 - $525,000 2 Beds - 1 Baths - 1 Parking Within 1.5 km

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 tram

Stop 24: Victoria Street tram

Stop 25: Wellington Street tram

Stop 26: Newmarket Station tram

Stop 28: Smithfield Road tram

Stop 28: Smithfield Road train

Macaulay

Kensington

General Points of Interest

Hall's Taekwondo Centre schools

Trinity College shopping

Como Centre monument

Admiral Creswell Memorial stadium

Melbourne Cricket Ground sport

Olympia Gymnasium monument

Centenary Bridge Pillar sport

Altona Badminton Centre shopping

Sunshine Marketplace stadium

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

Jobs

46 / 100

34 / 100

Disclaimer

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
Holy Rosary School
Kensington, VIC, 3031 Independent Prep-6
St Brendan's School
Flemington, VIC, 3031 Independent Prep-6
St Aloysius College
North Melbourne, VIC, 3051 Independent 7-12
Kensington Community High School
Kensington, VIC, 3031 State 7-12
Kensington Primary School
Kensington, VIC, 3031 State Prep-6
Debney Meadows Primary School
Flemington, VIC, 3031 State Prep-6
Ascot Vale Heights School
Ascot Vale, VIC, 3032 State U
St Michael's School
North Melbourne, VIC, 3051 Independent Prep-6
Flemington Primary School
Flemington, 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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