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Location

Market Insights for Kensington VIC 3031

New Listings (last 30 days)

Average price

$494,000

Lowest price

$350,000

Highest price

$600,000

409 / 62 Altona Street, Kensington VIC 3031

UNDER CONTRACT

Search Band

$300k - $350k Medium Confidence Calculated based on our search observations.

Apartment 1 bed 1 bath 1 car

Listed: 22nd May 2026

Updated: 19 hours ago

Overview

Located in the vibrant and sought-after suburb of Kensington, this spacious one-bedroom apartment on the fourth floor offers an exceptional opportunity for first-home buyers and investors alike. The property combines modern design with the convenience of city-fringe living, making it a highly desirable residence.

The apartment features a large north-facing balcony that provides a serene setting for morning coffee or entertaining guests in the evening, surrounded by leafy views. The open-plan living area is bright and welcoming, filled with natural light that enhances the sense of space and comfort.

The kitchen is thoughtfully designed with quality finishes including stone benchtops, stainless steel appliances, and a gas cooktop. A stylish subway-tiled splashback adds a contemporary touch, while the breakfast bar offers a casual dining option or additional workspace.

The bedroom includes a built-in robe, providing ample storage, and is conveniently located next to a modern central bathroom. The apartment also includes secure undercover parking, adding to the convenience and security of the home.

Residents will appreciate the prime location, with easy access to the nearby JJ Holland Park and the scenic Maribyrnong River trails, perfect for outdoor activities and relaxation. The area is well-serviced by public transport, with Kensington and South Kensington train stations just minutes away, ensuring effortless connectivity to the city and surrounding suburbs.

Local amenities include a variety of popular shops, cafes, and restaurants, as well as the newly redeveloped Kensington Community Recreation Centre, offering a range of facilities for residents. This apartment presents a rare chance to secure a comfortable and stylish home in a thriving community.

Indoor Features

Built-in wardrobes providing generous storage space
Intercom system for added security and convenience
Dishwasher included to enhance kitchen functionality

Local Market Insights

In Kensington, Quiet Listings observed 15 new apartments entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $494,000. The property type mix of listed properties is predominantly Houses at 49%, followed by apartments (35%), and townhouses (14%). The most active agency for apartments in the Kensington area is currently Nelson Alexander, representing 40% of new listings, followed by Rendina Real Estate with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.