Back 1/38 Kensington Rd
Off Market

1/38 Kensington Rd

South Yarra VIC 3141

1
1
1
Apartment
Last sold for $500,000
Mark KonishiMark Konishi, last sold this property on 22 March 2026 after 11 days on market.

Overview

Spacious One-Bedroom Apartment in Prime South Yarra Position

Nestled in a quiet, tree-lined street just moments from Toorak Road, this generously sized one-bedroom apartment offers an outstanding opportunity to secure a foothold in the heart of South Yarra. Positioned within 38 Kensington Road, a boutique block of only 12 apartments, the location provides exceptional convenience with Como Park, South Yarra Station, trams, Chapel Street, Vogue Plaza, cafés, restaurants and bars all within easy walking distance. The apartment features a light-filled open plan living and dining area with floating flooring throughout, reverse cycle air conditioning and wall heater, opening onto a private balcony. The well-equipped kitchen includes ample bench space, good storage, gas cooking and a dishwasher. The spacious bedroom enjoys plenty of natural light and includes a floor-to-ceiling built-in wardrobe. A newly updated bathroom offers a shower over bath, vanity storage, mirrored cabinet and space for a washing machine. Completing the home is a secure off-street car space. Ideal for the first home buyers or investors, with an estimated rental return of $520–$550.00 per week.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of 1/38 Kensington Rd is $377.25k.

Median value
$377.25k
Estimated value range
$135k - $830k
Median days on market
30
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/38 Kensington Rd

2026
Sold
$500,000
22 Mar 2026 by Mark Konishi, of Belle Property South Yarra
2023
Rented
Undisclosed
Leased on 29 Jun 2023 by MRE
2022
Rented
Undisclosed
Leased on 18 Oct 2022 by MRE

Happy sellers in South Yarra

82%
82% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

South Yarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in South Yarra over the last 12 months.

Local market activity for 1 bedroom apartments in South Yarra

In the last 12 months, 269 one-bedroom apartments similar to 1/38 Kensington Rd, have been sold.

This represents a 11% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Yarra

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent