Back 1/48 Princess Street
Off Market

1/48 Princess Street

Kew VIC 3101

2
1
1
Apartment
Charlie RichardsonCharlie Richardson, last sold this property on 13 June 2026 after 65 days on market.

Overview

Ground Floor Apartment with Spacious Courtyard

Positioned on the ground floor of the boutique "Aalto" complex, this well-presented two-bedroom apartment offers comfortable living with generous outdoor space in a highly convenient Kew location. The light-filled living and dining area is complemented by split system heating and cooling, while a modern galley-style kitchen provides ample storage and practical functionality. Fresh carpet throughout enhances the move-in ready appeal. Both bedrooms are spacious and include built-in robes, serviced by a large central bathroom featuring double vanities, a separate shower and bath, plus the added convenience of a separate toilet. A standout feature is the expansive north and west facing courtyard and outdoor terrace area, ideal for entertaining and perfect for kids or pets to enjoy. Additional features include a laundry cupboard, intercom entry, and an undercover car space with a storage room positioned directly in front. Set within a boutique block of just 10 apartments, all within easy walking distance to Kew Junction's cafés, restaurants and shopping, the Yarra River walking and bike trails, with High Street trams nearby providing direct CBD access, and the Eastern Freeway just minutes away for easy commuting. Important Details: Owners corp. fees: $1,256 per quarter (approx) Council rates: $1,594 per annum (approx) Rental Appraisal: $640 - $680 per week 10 in the development Build Year: 1971 *Images in this listing have been digitally styled for illustrative purposes.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Kew over the last 12 months, the estimated median property value of 1/48 Princess Street is $643k.

Median value
$643k
Estimated value range
$482k - $1.57m
Median days on market
24
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Kew. 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 1/48 Princess Street

2026
Sold
Undisclosed
Private Sale/Treaty on 13 Jun 2026 by Charlie Richardson, of Marshall White - Stonnington

Happy sellers in Kew

68%
68% of sellers in Kew reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 18 reviews in Kew over the last 12 months.

Local market activity for 2 bedroom apartments in Kew

In the last 12 months, 88 two-bedroom apartments similar to 1/48 Princess Street, have been sold.

This represents a 26% increase in two-bedroom apartments sales when compared to the previous 12 months.

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