1/108 Mundy StreetKennington VIC 3550
Property Details for 1/108 Mundy St, Kennington
1/108 Mundy St, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 231m2 and floor size of 88m2.
Last Listing description (November 2024)
Long held for many years this sought after unit complex of 3, comes to market offering 3 separate units to buy individually, or consider buying the entire complex. Unit one comprises built in robes to both bedrooms, large lounge, dedicated dining area with reverse cycle split air-conditioning, kitchen with gas cooking, breakfast bar and pantry, plus a 3 piece bathroom including bath. The property also features a single lock-up garage and private rear yard. Only one of three, the complex is spacious, well kept and offers a good sense of privacy. The location is first class being close to Kennington Football and sporting ground, nearby shopping at Strath Village and Kennington Village, and only a short drive/walk into the CBD. All units are currently rented to excellent tenants however vacant possession is available if required. For the investor simply set and forget, and for the owner occupier what a great opportunity to secure a larger than usual 2 bedroom unit in a first class location with space, as opposed to most modern complexes. Ideal for the retiree, first home-buyer, singles, couples and investors alike. Don't delay, will not last.
Price $395,000 - $425,000
Property History for 1/108 Mundy St, Kennington, VIC 3550
- 04 Jun 2024Listed for Sale $395,000 - $425,000
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0About 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 3,369 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.
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