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7/48 Princess Street, Kew$665,000
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7/48 Princess Street

Kew, VIC 3101, Australia
$665,000
2 bed 1 bath 1 car78 m²

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About this property

Expressions of Interest - Closing 12:00pm Tuesday 19th May 2026 Discover a lifestyle defined by space and refinement in this beautifully updated two-bedroom apartment. Situated within a boutique complex prized for its structural integrity and impressive dimensions, this residence has been thoughtfully refreshed with a crisp paint job and brand new hybrid floorboards. Unlike many contemporary builds, this home offers the good bones and acoustic privacy of a more substantial era, featuring larger room scales and a sense of openness that is increasingly rare to find. The light-filled layout centers around a spacious living area that serves as a comfortable retreat. With the inclusion of a secure car space and a separate storage room located directly under the apartment - a rare find for inner-city living. Positioned just moments from the historic Kew Junction, you are perfectly placed to enjoy one of Melbourne's most established lifestyle hubs. Start your mornings with premium coffee at local favorites like Axil Coffee Roasters or explore the diverse culinary scene along High Street. All your daily essentials are catered for, with Woolworths just a short stroll away. For those who value the outdoors, the leafy expanses of Alexandra Gardens and the Main Yarra Trail offer idyllic escapes for weekend recreation. With effortless access to the 48 and 109 trams, the commute to the CBD is entirely stress-free. This property represents a standout opportunity for first-home buyers seeking a move-in-ready sanctuary with genuine scale, or astute investors looking to secure a high-quality asset in a blue-chip pocket.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
78 m²
Listed
2 months ago

Repayment calculator

$3,224/month
$1,612 /fortnight
Loan $532,000 at 6.10% over 30 years

Upfront costs

Deposit$133,000
Stamp duty$34,970
Conveyancing (est.)$2,000
Total upfront$169,970
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 Kew

This 2-bedroom apartment in Kew, VIC 3101 sits within reach of public transport, local shops and nearby schools. It is listed 64% below the $1.84m median of 55 comparable apartmentswithin 5 km.

Schools near Kew

  • Carey Baptist Grammar Schoolcombined · Prep-12 · CoEd
  • Genazzano FCJ Collegecombined · Prep-12 · Girls
  • Methodist Ladies' Collegecombined · Prep-12 · Girls
  • Preshil, The Margaret Lyttle Memorial Schoolcombined · Prep-12 · CoEd
  • Preshil, The Margaret Lyttle Memorial School - Blackhall-Kalimna Preshil Senior Schoolcombined
  • Ruyton Girls' Schoolcombined · Prep-12 · Girls

What's nearby

  • Kew Junction/Princess Street (bus)260 m away
  • Laurent Bakery143 m away
  • Dorothy Rogers Reserve269 m away
  • Sir William Street Reserve313 m away
  • Cresco Reserve339 m away

Kew at a glance

Full suburb profile
Population
24,499
Median age
41
Household income
$2,497/wk
Median rent
$476/wk
Median mortgage
$3,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kew price trend

Median sold · Unit 2 bed

Compound growth +1.0% / yr over 4 yrs

$729kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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