OFF MARKET

15 The Terrace
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 264m2
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Property Details for 15 The Terrace, Kennington

15 The Terrace, Kennington is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 264m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2000
Floor Size
95m2
Land Size
264m2
Local Government
Greater Bendigo
Lot/Plan
2/PS516391

Last Listing description (December 2020)

Location, position and everything you look for in the perfect investment property is here.
Great tenants have resided in this home for several years and have a lease agreement until June 2022. ON ITS OWN TITLE WITH NO BODY CORPORATE FEES.
Offering the best in fixtures, fittings, features and benefits you will be impressed upon inspection. Both bedrooms offer built-in robes, the main leads into the 3-piece bathroom and works like your own ensuite.

The open plan kitchen, meals and family room has space, and a clear view of the inviting entertaining area that overlooks the secure backyard, which offers a storage room, lawn area and enclosed single carport.
Heating and cooling provided.
Just minutes and metres to Kennington Village shopping centre, and the best recreational facilities and walking tracks around Kennington Reservoir. If you are looking for a solid and reputable investment then look no further, we have found it!
Please note: Tenants are paying $290 per week and have been throughout the course of their agreement.
This property could easily achieve more.

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Property History for 15 The Terrace, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$360,000
02 Dec 2020
  • 02 Dec 2020
    Sold for $360,000
  • 17 Nov 2020
    Listed for Sale $345,000 - $370,000
  • 05 Jun 2017
    Listed for Sale $320,000 - $340,000
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About 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 3,367 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.
There are currently 32 properties listed for sale, and 13 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Kennington.

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