FOR SALE
$295,000 to $325,000

3 Grandview Crescent
Kennington VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 300m2
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Fabulous 300m2 block in absolute blue chip inner city locale

- Lovely block of 300m2 in a very central blue chip locale titled and ready to build on
- Extremely blue chip inner city locale and only minutes to the Bendigo CBD
- Only 2.5km or six minutes to Central Bendigo CBD and all amenities
- Extremely rare opportunity to secure an inner city block in Central Bendigo
- Walk to the train station, cafes, restaurants, La Trobe University and all that is available in central Bendigo. The locale is a most desirable area of Bendigo
- Old established prestigious family area with a range of beautiful period homes
- Extremely tightly held blocks of land in this area - a rare opportunity to buy land in this locale as there is simply nothing else available
- All services are available - the block is ready to build on
- Ideal investment for the investor wanting to land bank for the future or retirees wishing to build a lovely town house on a level block
As the opportunity to purchase inner city land has diminished recently across all of Bendigo this lovely block provides a great opportunity for families wanting to build their home in a great area close to Central Bendigo.
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Property Details for 3 Grandview Cres, Kennington

Building Type
Land
Land Size
300m2

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About Kennington 3550

The size of Kennington is approximately 4 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2011 was 5,830 people. By 2016 the population was 5,649 showing a population decline of 3.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation. In 2011, 60.8% of the homes in Kennington were owner-occupied compared with 59.2% in 2016.

Kennington has 3,375 properties. Over the last 5 years, Houses in Kennington have seen a 48.29% increase in median value, while Units have seen a 41.04% increase. As at 30 November 2024:

  • The median value for Houses in Kennington is $601,056 while the median value for Units is $379,979.
  • Houses have a median rent of $450 while Units have a median rent of $390.
There are currently 26 properties listed for sale, and 8 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Kennington.

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Paul Dalton
Gavin Butler Real Estate
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