2/1 The Terrace Kennington VIC 3550
Property Details for 2/1 The Terrace, Kennington
2/1 The Terrace, Kennington is a 3 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 388m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (June 2023)
This beautiful townhouses features -
3 Bedrooms all with built in robes, 2 Bathrooms of a good size, 2 Large lounge areas, great size kitchen with lots of cupboard space and electric cooking.
Split system heating and cooling in all bedrooms and living areas. Double lockup remote garage, ample storage throughout the property.
Close to buses, shopping complex, University and just a 5 minute drive to the CBD.
Property History for 2/1 The Terrace, Kennington, VIC 3550
- 19 May 2023Listed for Rent $430 / week
- 10 Aug 2022Sold for $267,500
- 06 Apr 2022Listed for Rent $420 / week
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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.
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