4. Property Auction Result

16 Mercantile Pde, Kensington VIC 3031

16 Mercantile Pde, Kensington VIC 3031

house 3 2 2

Sold $945,000 on 17 Dec 2016

Distance To CBD: 4.29 km

Measure Land Size

Agency: Jellis Craig - Kensington

Floorplan Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

High ConfidencePrice Estimate*

$690,000 - $869,000

*based on similar properties sold prices

Stamp Duty Calculator

Total

$ 53,240

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $51,770
*based on property value $945,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 4,058

Total interest payable $705,014

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $756,000 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
62 Barnett Street 3 $1,276,000
49 Ormond Street 3 $1,342,500
35 McCracken Street 3 $1,420,000
17 Calwell Street 3 $985,000
35 Derby Street 3 $1,145,000
7-9 McCracken Street 3 $1,830,000
31 Gatehouse Drive 3 $1,550,000
84 Westbourne Road 3 $1,575,000

Comparable Rent Properties

Address Rent Price
27 Newton Street 3 $790 p/w
79 Market Street 3 $980 p/w
9 Hardiman Street 3 $800 p/w
58 Parsons St 3 $750 p/w
9 Liddy Walk 3 $740 p/w
12 Hardiman Street 3 $850 p/w
92 Westbourne Road 3 $790 p/w
29 Henry Street 3 $700 p/w
Auction History - Kensington, VIC 3031
2024 April
Address Price Result*
45 Goldsbrough Wk $1,111,000 SP 3
1/63 Eastwood St $430,000 S 1
2024 March
Address Price Result*
35 Mccracken St $1,420,000 S 3
75 Mcconnell St $960,000 S 2
49 Wolseley Pde $1,500,000 VB 4
46 Gower St $2,300,000 SP 5
23-25 Wolseley Pde $2,750,000 VB 5
35 Derby St $1,145,000 SP 3
117 Rankins Rd $1,070,000 S 2
77 Barnett St $928,000 SP 2
2/1 Bayswater Rd N/A SP 3

Kensington, VIC 3031
(3.67 km to CBD)

Median House Price

$1,200,000

Median Unit Price

$527,500

Surrounding Suburbs

Nearby Train Stations

0.63 km South Kensington Station
1.08 km Flemington Racecourse Station
0.95 km Kensington Station

Nearby Schools

0.81 km Kensington Primary School
0.78 km Holy Rosary School
1.02 km Kensington Community High School
1.46 km Ascot Vale Special School
1.46 km Ascot Vale Primary School
1.27 km St Monica's Primary School
1.61 km St Brendan's School
1.59 km Debney Meadows Primary School
1.83 km Ascot Vale West Primary School
1.87 km Mount Alexander 7-12 College