FOR SALE
$1,450,000 - $1,550,000

2 Clunes Street
Kingsbury VIC 3083

Bedrooms: 8
Bathrooms: 2
Car spaces: 3
Land area: 825m2
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Returning $83,000 per annum

Located in the heart of Kingsbury, this amazing opportunity offers the chance to really take advantage of an incredible return that is on offer along with the flexibility to potentially develop with a parcel of land sitting on approx 824.8m2 approx. (STCA).
Current Rental Breakdown:
Room 1 - $847 pcm and $10,164 pa
Room 2 - $847 pcm and $10,164 pa
Room 3 - $976 pcm and $11,712 pa
Room 4 - $869 pcm and $10,428 pa
Room 5 - $869 pcm and $10,428 pa
Room 6 - $782 pcm and $9,384 pa
Room 7 - $869 pcm and $10,428 pa and lease expires 8/1/25
Room 8 - $869 pcm and $10,428 pa
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Property Details for 2 Clunes St, Kingsbury

2 Clunes St, Kingsbury is a 8 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 825m2. The place is currently for sale with Ray White Bundoora.

Building Type
House
Land Size
825m2

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About Kingsbury 3083

The size of Kingsbury is approximately 1.3 square kilometres. It has 6 parks covering nearly 26.5% of total area. The population of Kingsbury in 2011 was 3,362 people. By 2016 the population was 3,762 showing a population growth of 11.9% in the area during that time. The predominant age group in Kingsbury is 20-29 years. Households in Kingsbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsbury work in a professional occupation. In 2011, 57.7% of the homes in Kingsbury were owner-occupied compared with 51.8% in 2016.

Kingsbury has 1,851 properties. Over the last 5 years, Houses in Kingsbury have seen a 12.16% increase in median value, while Units have seen a 13.34% increase. As at 30 November 2024:

  • The median value for Houses in Kingsbury is $840,267 while the median value for Units is $538,313.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Kingsbury on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Kingsbury.

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Nick Ristevski
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Ray White Bundoora
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