OFF MARKET

2/4 Richard Drive
Kangaroo Flat VIC 3555

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 281m2
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Property Details for 2/4 Richard Dr, Kangaroo Flat

2/4 Richard Dr, Kangaroo Flat is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 281m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1985
Floor Size
87m2
Land Size
281m2
Local Government
Greater Bendigo
Lot/Plan
2/RP15502

Last Listing description (May 2021)

This solid, brick veneer unit (one of only two on the block) is situated in a lovely, quiet court close to schools, shops & transport & offers easy access to Melbourne. Step from the porch into the spacious lounge/dining area & through to the practical kitchen. A hallway leads to 2 bedrooms, both with built in robes, the bathroom containing a shower, bath & vanity with a separate toilet & linen press adjacent. A split system, gas wall furnace & ceiling fans maintain comfort control throughout. From the laundry, follow the ramp outside to a low maintenance backyard & single carport with storage attached. Very comfortable as is, the possibility of a cosmetic update in the future, would only add value. Currently tenanted on a month to month basis, this property would also make a great addition to your investment portfolio. (Please note that the numbers on the front doors of the units are incorrect and Unit 2 is definitely the back one)

Property History for 2/4 Richard Dr, Kangaroo Flat, VIC 3555

A timeline of how this property has performed in the market
Last Sold
$282,000
23 Apr 2021
Listed for Rent
$230/w
12 May 2017
  • 23 Apr 2021
    Sold for $282,000
  • 31 Mar 2021
    Listed for Sale $270,000-$285,000
  • 05 May 2017
    Listed for Rent $230 / week
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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 6,216 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 50.59% increase in median value, while Units have seen a 43.40% increase. As at 31 October 2024:

  • The median value for Houses in Kangaroo Flat is $515,763 while the median value for Units is $360,339.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 47 properties listed for sale, and 5 properties listed for rent in Kangaroo flat on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Kangaroo flat.

Suburb Insights for Kangaroo Flat 3555

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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.