FOR SALE
$415,000

1 Morrison Street
Kangaroo Flat VIC 3555

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property with Great Potential!

Discover the perfect blend of potential and convenience with this promising property at 1 Morrison Street, Kangaroo Flat. Whether you're an astute investor or a first-time homebuyer, this residence offers endless possibilities.
Key Features:
• 3 Bedrooms: The home features three bedrooms, with built-in robes in bedrooms 2 and 3, providing ample storage space.
• Two Toilets: Convenience is key with a main bathroom and an additional toilet off the laundry.
• Approved Plans for Subdivision: Unlock the potential of this property with approved plans for subdivision, available upon request.
• Spacious Living Areas: Enjoy a comfortable living space that opens onto a front verandah, perfect for your morning coffee or evening relaxation.
• Undercover Patio: The back undercover patio area is ideal for entertaining or simply enjoying the outdoors.
• Low Maintenance Yard: The low maintenance yard ensures you spend less time on upkeep and more time enjoying your new home.
• Prime Location: Just a 3-minute drive to Aldi and surrounding shops, and within walking distance to local schools, the location couldn't be more convenient.
• Great Investment Potential: With a little bit of love and renovation, this property could be transformed into a fantastic home or a valuable rental asset.
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Property Details for 1 Morrison St, Kangaroo Flat

1 Morrison St, Kangaroo Flat is a 3 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with PRD Real Estate Bendigo.

Building Type
House

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About Kangaroo Flat 3555

The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.

Kangaroo Flat has 6,203 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 56.68% increase in median value, while Units have seen a 50.82% increase. As at 31 August 2024:

  • The median value for Houses in Kangaroo Flat is $524,243 while the median value for Units is $377,564.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 50 properties listed for sale, and 4 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Kangaroo flat.

Suburb Insights for Kangaroo Flat 3555

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Sacha Dale
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Dale Bish
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PRD Real Estate Bendigo
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.