Back 506/255 Racecourse Rd
Off Market

506/255 Racecourse Rd

Kensington VIC 3031

1
1
1
Apartment
Last sold for $365,000
Kieran MoloneyKieran Moloney, last sold this property on 13 March 2026 after 179 days on market.

Overview

Enjoy inspiring city views, convenience and quality

This apartment offers spectacular city views and comprises of one bedroom with floor to ceiling built in robes, galley style kitchen with stone bench tops, stainless steel European appliances, dishwasher, gas cooking and electric oven. Open plan light filled living area including wall to wall carpet and split system opening to balcony. Bathroom includes large shower, vanity and toilet. Euro laundry neatly incorporated within custom fitted and designed cabinetry. Additional features include, secure remote undercover off street parking, video intercom, lift access large storage cage, bike racks, garbage chute and access to large recycling bins too, all within minutes to Tram, Newmarket Shopping Centre, Rail, City Link, Flemington Racecourse, restaurants and a great cafe life style. *Photos are not current

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Kensington over the last 12 months, the estimated median property value of 506/255 Racecourse Rd is $410k.

Median value
$410k
Estimated value range
$314.5k - $537k
Median days on market
24
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kensington. 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 506/255 Racecourse Rd

2026
Sold
$365,000
Private Sale/Treaty on 13 Mar 2026 by Kieran Moloney, of Jellis Craig Kensington
2023
Rented
Undisclosed
Leased on 21 Mar 2023 by Jellis Craig Kensington
2022
Rented
Undisclosed
Leased on 27 Apr 2022 by Jellis Craig Kensington

Happy sellers in Kensington

94%
94% of sellers in Kensington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Kensington over the last 12 months.

Local market activity for 1 bedroom apartments in Kensington

In the last 12 months, 33 one-bedroom apartments similar to 506/255 Racecourse Rd, have been sold.

This represents a 6% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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