OFF MARKET

43 Kenneth Street
Bulleen VIC 3105

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 601m2
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Last updated 11 Nov 2024
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Property Details for 43 Kenneth St, Bulleen

43 Kenneth St, Bulleen is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 601m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1970
Floor Size
90m2
Land Size
601m2
Local Government
Manningham
Lot/Plan
392/LP12331

Last Listing description (November 2024)

The groundwork is complete ? now it's your turn to reap the rewards!
Situated in a picturesque setting, backing onto the scenic Yarralean Trail, this property has undergone recent upgrades, including new floating timber flooring, blinds, a modern bathroom vanity, freshly painted gutters, a re-painted and re-sealed roof, a split-system air conditioner, and an updated kitchen.
Move-in ready, the home also offers future potential for redevelopment.

Plans and permits have already been approved for:
- Two standalone houses, offering a range of options for the new owners.
- Both houses have individual street numbers (43 & 45 Kenneth St Bulleen).
- Exceptional city views from the balconies of both houses.
- Both houses can be converted from 4-bedroom to 5-bedroom configurations as the current plans have 3 open spaces in each house to play around with.
Based on above information this property presents an exceptional opportunity for buyers seeking a versatile and peaceful living environment with the chance to buy now at an affordable price and potential for further development while enjoying the perks of future market appreciation.
Adding to the appeal is the ongoing development of Victoria's Big Build project in Bulleen, which includes the Bulleen Park & Ride and the construction of Victoria's longest road tunnels, enhancing connectivity and accessibility in the area.
The existing residence features a bright and inviting lounge area with gas heating and an adjoining kitchen equipped with a gas stove and meals space. Three generously sized bedrooms are conveniently located near a well-lit main bathroom, which includes a separate shower and bath. A separate laundry room provides access to a spacious backyard, perfect for outdoor living and entertaining.
Occupying a 601 sqm (approx.) block with extensive street frontage, the property is set opposite Balwyn North parklands. The backyard includes lush lawns, a covered seating area, a side gate for easy access, a garage, and a garden shed. An extensive driveway along the side offers ample off-street parking options.
Conveniently located within walking distance to numerous parklands, a childcare centre, a kindergarten and primary school.

Property History for 43 Kenneth St, Bulleen, VIC 3105

A timeline of how this property has performed in the market
Last Sold
$1,161,000
22 May 2021
Listed for Rent
$440/w
20 Aug 2018
  • 01 Nov 2024
    Listed for Sale $1,080,000 - $1,188,000
  • 11 May 2023
    Listed for Sale $1,250,000-$1,350,000
  • 22 May 2021
    Sold for $1,161,000
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About Bulleen 3105

The size of Bulleen is approximately 6.5 square kilometres. It has 29 parks covering nearly 28.3% of total area. The population of Bulleen in 2011 was 10,868 people. By 2016 the population was 10,857 showing a population decline of 0.1% in the area during that time. The predominant age group in Bulleen is 40-49 years. Households in Bulleen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bulleen work in a professional occupation. In 2011, 80% of the homes in Bulleen were owner-occupied compared with 77.2% in 2016.

Bulleen has 5,522 properties. Over the last 5 years, Houses in Bulleen have seen a 2.52% increase in median value, while Units have seen a 31.49% increase. As at 31 October 2024:

  • The median value for Houses in Bulleen is $1,314,667 while the median value for Units is $892,885.
  • Houses have a median rent of $650 while Units have a median rent of $625.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Bulleen on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Bulleen.

Suburb Insights for Bulleen 3105

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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.