Property Auction Result

106/98-108 Rankins Rd, Kensington VIC 3031

unit 1

106/98-108 Rankins Rd, Kensington VIC 3031

Vendor Bid `$410,000` on 8 Oct 2022

Distance To CBD: 3.67 km
Measure Land Size
Agency: Brad Teal Woodards Essendon
Nearby Sold Price

Stamp Duty

^$20,918

*based on property value $410,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$1,140

Stamp duty on property ^$19,670

Monthly Repayment

^$ 1,761

*based on loan amount $328,000 for principal and interest

Total interest payable ^$305,879

Loan Term 30 years

Annual Interest Rate 5.00%

Comparable Sold Properties

Address	Type					Sold Price
20 Calwell Street Kensington 3031	unit	1	1	1	Mar 2023	`$450,000`
4/38-40 Rankins Road Kensington 3031	unit	1	1	0	Jan 2019	`$302,000`
406/255 Racecourse Road Kensington 3031	unit	1	1	1	Jan 2019	`$385,000`
15/8 Mawbey Street Kensington 3031	unit	1	1	1	Oct 2018	`$370,000`
303/84 Altona Street Kensington 3031	unit	1	1	1	Dec 2017	`$353,000`
7/7 Wright Street Kensington 3031	Unit	1	0	0	Feb 2014	`$300,000`
7/7 Wight Street Kensington 3031	unit	1	1	1	Feb 2014	`$300,000`
2/10 Bayswater Road Kensington 3031	Unit	1	1	1	Dec 2013	`$342,000`

Comparable Rent Properties

Address	Type					Rent Price
7/120 Rankins Road Kensington 3031	unit	1	1	1	Mar 2024	`$380` p/w
18/18 Mawbey Street Kensington 3031	unit	1	1	1	Oct 2023	`$425` p/w
204/86 Altona Street Kensington 3031	unit	1	1	1	Aug 2023	`$420` p/w
209/60 Speakmen Street Kensington 3031	unit	1	1	1	Jul 2023	`$350` p/w
402/415 Macaulay Road Kensington 3031	unit	1	1	1	Feb 2023	`$293` p/w
404/415 Macaulay Road Kensington 3031	unit	1	1	1	Feb 2023	`$293` p/w
405/415 Macaulay Road Kensington 3031	unit	1	1	1	Feb 2023	`$293` p/w
502/415 Macaulay Road Kensington 3031	unit	1	1	1	Feb 2023	`$293` p/w

Auction History - Kensington, VIC 3031

2024 April

Address Price Result* Type Agent

32 Parsons St $1,490,000 S House 3 Jellis Cra

45 Goldsbrough Wk $1,111,000 SP Townhouse 3 Jellis Cra

1/63 Eastwood St $430,000 S Unit 1 Edward Tho

2024 March

Address	Price	Result*	Type		Agent
35 Mccracken St	`$1,420,000`	S	House	3	Jellis Cra
75 Mcconnell St	`$960,000`	S	House	2	Biggin & S
49 Wolseley Pde	`$1,500,000`	VB	House	4	Nelson Ale
46 Gower St	`$2,300,000`	SP	House	5	Edward Tho
23-25 Wolseley Pde	`$2,750,000`	VB	House	5	Nelson Ale
35 Derby St	`$1,145,000`	SP	House	3	Edward Tho
117 Rankins Rd	`$1,070,000`	S	House	2	Edward Tho
77 Barnett St	`$928,000`	SP	House	2	Woodards A
2/1 Bayswater Rd	`N/A`	SP	Townhouse	3	Nelson Ale

Where Melbourne's immigrants were born

Kensington, VIC 3031 (`3.67 km` to CBD)

Median House Price

$1,200,000

Median Unit Price

$527,500

Surrounding Suburbs

Nearby Train Stations

0.17 km Kensington Station
0.58 km Newmarket Station
0.54 km Macaulay Station

Nearby Schools

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