2/101 Sternberg StreetKennington VIC 3550
Property Details for 2/101 Sternberg St, Kennington
2/101 Sternberg St, Kennington is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 273m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (April 2019)
This well positioned investment opportunity is one of a kind, positioned in a highly coveted precinct with immense potential. This offers a rental income on your investment with a long term tenant paying $210 p/w, solid brick home, two decent sized bedrooms, one bathroom, large lounge with split system heating & cooling. With immense flexibility based on your investment needs. Absolutely ideal for the portfolio. Options are aplenty!
Features include:
Close proximity to La Trobe University & CBD.
Containing two bedrooms, one bathroom, open plan kitchen, large lounge & laundry facilities.
Very functional layout, low maintenance and private courtyard.
Rates per annum approx: $1,250.00
Reasonably presented this is a safe & secure investment for the future. Always tenanted due to the inner city location, low maintenance it is affordable living. Close to University, Schools, Kennington Village and Bendigo s CBD, easy access to public transport and all amenities.
Property History for 2/101 Sternberg St, Kennington, VIC 3550
- 14 Feb 2019Sold for $209,000
- 05 Dec 2018Listed for Sale $199,000 - $210,000
- 01 Feb 2016Listed for Rent $210 / week
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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 3,367 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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