FOR SALE
$335,000 to $350,000

8 Condon Street
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
- Extremely inner city block only a brief walk into the CBD
- Only 4.5km or 3 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
- Set in a beautiful locale surrounded by mature age trees
- 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 and it has its own frontage to Condon Street
- 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
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Property Details for 8 Condon St, 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 3,368 properties. Over the last 5 years, Houses in Kennington have seen a 41.95% increase in median value, while Units have seen a 52.71% increase. As at 31 October 2024:

  • The median value for Houses in Kennington is $590,475 while the median value for Units is $382,128.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Kennington.

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Paul Dalton
Gavin Butler Real Estate
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