Back 54 Parsons Street
Off Market

54 Parsons Street

Kensington VIC 3031

2
1
2
233 m²
House
Last sold for $900,000
David MogfordDavid Mogford, last sold this property on 31 May 2025 after 25 days on market.

Overview

Renovators Dream - No Heritage Overlay

This freestanding Edwardian brick home, set on a wide block with a side driveway, is not for the faint-hearted. Nestled in a leafy Kensington streetscape and surrounded by other heritage gems, it offers the perfect setting for a true blank canvas - brimming with inspiration for those looking to rejuvenate and expand (subject to council approval). Occupying a generous allotment of approximately 233m² (7.6m x 30.5m) and offered for the first time in over 40 years, the home comprises two large bedrooms, a spacious full-width lounge, an original 1970s kitchen-meals area at the rear, a bathroom, and an internal laundry. High ceilings, three original fireplaces, and leadlight windows all contribute to the character of this 1920s-era residence. Transport options abound, with Kensington and Newmarket train stations, as well as the Racecourse Road tram, just a short stroll away - ensuring easy access to the CBD and greater Melbourne. The nearby Flemington Racecourse and Royal Melbourne Showgrounds add to the area's appeal, offering vibrant entertainment and recreational opportunities. This property is more than just a house - it's a canvas waiting for your personal touch. With its distinctive features, established gardens, and prime location, it beckons those with a vision to transform it into a dream home. Embrace the potential, seize the opportunity, and make this house your own - a testament to the endless possibilities that await in this desirable Kensington locale.

Features

2 bedrooms
1 bathroom
2 carspaces
233 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Kensington over the last 12 months, the estimated median property value of 54 Parsons Street is $970k.

Median value
$970k
Estimated value range
$450k - $1.43m
Median days on market
23
Estimated value trend
-3%
decrease 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 54 Parsons Street

2025
Sold
$900,000
Auction Sale on 31 May 2025 by David Mogford, of McDonald Upton

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 2 bedroom houses in Kensington

In the last 12 months, 35 two-bedroom houses similar to 54 Parsons Street, have been sold.

This represents a 20% increase in two-bedroom houses sales when compared to the previous 12 months.

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