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7.09/38 Albermarle Street, Kensington$1.17m
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For Saleapartment

7.09/38 Albermarle Street

Kensington, VIC 3031, Australia
$1.17m
3 bed 2 bath 1 car

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About this property

Innovative contemporary design defines this top floor apartment, elevated above a distinctive heritage facade, part of a landmark development architecturally designed by Fieldwork Architects for Assemble. Beautifully light filled, thanks to a north facing living zone and a generous balcony, a central open air walkway creates the introduction, designed to enhance natural light and airflow throughout the apartment. Spotted gum timber floors, concrete ceilings and vast windows create a warm and welcoming interior that delivers form alongside function. The lifestyle on offer is market leading, part of an award-winning project and thoughtfully designed building that fosters connection with the outdoors, the local neighbourhood and the city beyond. Providing an idyllic space for quiet relaxation or entertaining, the open plan living area extends seamlessly to an inviting undercover terrace that presents vistas of Kensington's surrounds. The kitchen features a comprehensive suite of Fisher & Paykel appliances, including an induction cooktop, electric oven, integrated fridge, rangehood and dishwasher, as well as durable Dekton benchtops. All three bedrooms come with built in robes, and the primary bedroom comes with an ensuite, supplemented by the main bathroom. Both bathrooms are elegantly appointed, providing a sense of retreat. The apartment offers double glazing, ceiling fans in both bedrooms and reverse cycle air conditioning, a 7-star NaTHERS energy rating, and 100% electric, solar-powered shared spaces. Residents also benefit from Assemble Connect, an opt-in embedded energy network providing 100% accredited GreenPower® and high-speed internet at reduced rates, making the building 100% operationally carbon neutral. The Albermarle Room is perfect for hosting intimate gatherings, celebrations and creative workshops, while a workshop on the ground floor provides a dedicated area for repairs and projects. A washing line, dog wash and herb garden on level two further enhance the experience of home, offering elements typically found in a standalone house. Positioned just three kilometres from Melbourne's CBD, the apartment enjoys effortless connectivity, with Macaulay and Kensington stations offering a swift two stop commute into the city.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$5,648/month
$2,824 /fortnight
Loan $932,000 at 6.10% over 30 years

Upfront costs

Deposit$233,000
Stamp duty$64,075
Conveyancing (est.)$2,000
Total upfront$299,075
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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 3-bedroom apartment in Kensington, VIC 3031 sits within reach of public transport, local shops and nearby schools. It is listed 39% above the $840,000 median of 59 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

  • Albermarle Street/Macaulay Road (bus)17 m away
  • Unnamed89 m away
  • Robertson Street Reserve240 m away
  • Skinny Park270 m away
  • Unnamed291 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 2 bed

Compound growth -1.4% / yr over 4 yrs

$500kcurrent median

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Price history

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1 price change recorded for this property

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