4. Property Auction Result

20-24 Mercantile Pde, Kensington VIC 3031

20-24 Mercantile Pde, Kensington VIC 3031

house 4

Sold $1,247,500 on 9 Apr 2022

Distance To CBD: 4.27 km

Measure Land Size

  • Agency: Edward Thomas

    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*

    $440,000 - $549,000

    *based on similar properties sold prices

    Stamp Duty Calculator

    Total

    $ 70,082

    Mortgage registration fee $108

    Transfer fee $1,362

    Stamp duty on property $68,613
    *based on property value $1,247,500 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 5,357

    Total interest payable $930,693

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $998,000 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
    49 Wolseley Parade 4 $1,580,000
    69 Gower Street 4 $1,260,000
    9 Smith Street 4 $1,200,000
    2 Lascelles Square 4 $1,260,000
    21 Drury Street 4 $1,200,000
    84 Fairbairn Drive 4 $1,496,000
    48 Gower Street 4 $1,482,500
    73 Eastwood Street 4 $1,835,000

    Comparable Rent Properties

    Address Rent Price
    12 Frearson Walk 4 $900 p/w
    17 Drury Street 4 $850 p/w
    79-81 Newman Street 4 $1,050 p/w
    32 Barnett Street 4 $990 p/w
    42-44 Wolseley Parade 4 $950 p/w
    21 Mcconnell Street 4 $850 p/w
    10 Gilbertson Walk 4 $1,200 p/w
    10 Gilbertson Walk 4 $1,250 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

    0.62 km South Kensington Station
    1.09 km Flemington Racecourse Station
    0.94 km Kensington Station

    Nearby Schools

    0.81 km Kensington Primary School
    0.77 km Holy Rosary School
    1.01 km Kensington Community High School
    1.46 km Ascot Vale Primary School
    1.47 km Ascot Vale Special School
    1.28 km St Monica's Primary School
    1.6 km St Brendan's School
    1.58 km Debney Meadows Primary School
    1.84 km Ascot Vale West Primary School
    1.86 km Mount Alexander 7-12 College