SOLD
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Sold on 07 Nov 2024 for $380,000

3/45 Church Street
Kangaroo Flat VIC 3555

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 232m2
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Property Details for 3/45 Church St, Kangaroo Flat

3/45 Church St, Kangaroo Flat is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 232m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Kangaroo Flat in the last 12 months.

Building Type
Unit
Land Size
232m2
Local Government
Greater Bendigo
Lot/Plan
3/PS433973

Last Listing description (November 2024)

Positioned at the rear of the complex, is this very well presented two-bedroom unit.
The property is ideally suited to singles, couples, downsizers, retiree’s or first home buyers looking to enter the property market. It’s also a great opportunity for an investor as there is an estimated rental return of $390 - $420 per week. That’s a yield of approximately 5%.

Inside finds two good sized bedrooms, both with built in robes and electric heaters. There’s an open plan kitchen, meals and living area with the kitchen having ample cupboard and bench space, plus a freestanding gas cooktop and oven. The adjacent dining area and lounge are carpeted and there’s a split system for heating and cooling. The bathroom has a shower, bath and vanity unit, with a nearby separate toilet for convenience.

There’s an oversized single garage with an automatic roller door with internal access to the home through the laundry. There’s also additional carparking space beside the unit.

Moving outside, the yards are compact and low maintenance. There’s room for a potential alfresco space or veggie garden, etc.
Some other notable features are solar panels which help keep the electricity bills to a minimum, under house storage and under floor insulation.
Close supermarkets, schools, transport, the Rocklea Home Maker Centre, Bunnings, Lansell Square Shopping Centre and just a 10-minute drive to the CBD of Bendigo.

In summing up, you have a lovely unit that’s in very good order, in a great location, low maintenance and for investors there is the potential of an excellent return on your investment.

Call Darren today to arrange an inspection.

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Property History for 3/45 Church St, Kangaroo Flat, VIC 3555

A timeline of how this property has performed in the market
Last Sold
$380,000
07 Nov 2024
Listed for Rent
$175/w
02 Nov 2005
  • 07 Nov 2024
    Sold for $380,000
  • 07 Aug 2024
    Listed for Sale $387,500
  • 09 May 2018
    Sold for $207,500
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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.

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Darren Waters
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