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308/255 Racecourse Road, Kensington$395,000
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308/255 Racecourse Road

Kensington, VIC 3031, Australia
$395,000
1 bed 1 bath 1 car

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About this property

Nestled at the rear in the boutique Newmarket Apartments building is this quiet, third-floor apartment that's sure to make an impression with its sizeable floorplan (approx 58sqm in total), secure surrounds and sensational city vista to enjoy. A perfect choice for professionals and investors alike, the impeccably-presented interior comprises a large bedroom with mirrored robes serviced by a stylish central bathroom with frameless shower. Flanked by wall-to-wall windows, the light-filled open living/meals area is further enhanced by a well-appointed kitchen complete with stone benchtops, Bosch cooking appliances and dishwasher. Star of the show is the full-width balcony offering an idyllic space to relax while taking in the sweeping city-west views. Other features of the apartment include split-system heating/cooling, high ceilings and discreet laundry facilities, plus a secure foyer with fob entry, lower-level parking space and large walk-in storage cage. City-bound trams at your doorstep along with an array of shops, cafes, bars and restaurants, it's also close to a choice of train stations (Newmarket and Flemington Bridge), local parks and Moonee Ponds Creek Trail, as well as easy access to Citylink.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 weeks ago

Repayment calculator

$1,915/month
$957 /fortnight
Loan $316,000 at 6.10% over 30 years

Upfront costs

Deposit$79,000
Stamp duty$18,770
Conveyancing (est.)$2,000
Total upfront$99,770
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Kensington

This 1-bedroom apartment in Kensington, VIC 3031 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $490,000 median of 51 comparable apartmentswithin 5 km.

Schools near Kensington

  • Holy Rosary Schoolprimary · Prep-6 · CoEd
  • Kensington Primary Schoolprimary · Prep-6 · CoEd
  • SEDA College (Victoria) - Melbourne City Talented Player Program - Kensingtonsecondary

What's nearby

  • Stop 23: Stubbs Street (tram)238 m away
  • Door to Door Hire544 m away
  • Pridham Plaza145 m away
  • Parsons Reserve224 m away
  • Unnamed369 m away

Kensington at a glance

Full suburb profile
Population
10,745
Median age
35
Household income
$2,216/wk
Median rent
$416/wk
Median mortgage
$2,162/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kensington price trend

Median sold · Unit 1 bed

Compound growth -1.9% / yr over 4 yrs

$394kcurrent median

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Price history

Price history

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1 price change recorded for this property

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