Kensington
VIC 3031
Kensington is an inner-city Melbourne suburb in the City of Melbourne, about 3 kilometres from the Melbourne CBD. Its village-style commercial centre is associated with Bellair Street and Bakehouse Road, alongside Victorian terraces, cottages, warehouse apartments and newer buildings. Kensington station serves the Craigieburn line, while tram route 57 runs along the northern edge of the suburb.
Kensington is an office and consulting market, with office suites and floors alongside warehouses and factories in the suburb's former industrial areas. The commercial stock sits between village streets and the industrial western banks of Moonee Ponds Creek. Nearby leasing markets include North Melbourne, Flemington and West Melbourne.
23
Active lease listings
commercial properties
$60,000
Median annual rent
asking rent across all listings
314
Median days on market
across all active listings
Lease rate trend
$286/m² p.a.
Median advertised rate
Up 22.5%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Kensington. Drill down to individual listings in MarketBuddy
Listings by sector
8
Industrial, Warehouse and Factories
active lease listings
8
Offices
active lease listings
3
Medical / Consulting
active lease listings
2
Hotel and Leisure
active lease listings
2
Other
active lease listings
Want to know more?
Explore commercial property insights for Kensington in MarketBuddy.
Last updated 29 August 2026