OFF MARKET

2/108 Mundy Street
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 197m2
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Last updated 11 Nov 2024
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Property Details for 2/108 Mundy St, Kennington

2/108 Mundy St, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 197m2 and floor size of 96m2.

Building Type
Unit
Floor Size
96m2
Land Size
197m2
Local Government
Greater Bendigo
Lot/Plan
2/SP34547

Last Listing description (November 2024)

Long held for many years this sought after unit complex of 3, comes to market offering 2 separate units to buy individually, or consider buying the entire complex. Unit two comprises built in robes to both bedrooms, large open plan lounge with gas heating, dedicated dining area with 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 $390,000 - $399,000

Property History for 2/108 Mundy St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Listed for Rent
$310/w
20 Aug 2022
  • 04 Nov 2024
    Listed for Sale $390,000 - $399,000
  • 04 Jun 2024
    Listed for Sale $395,000 - $425,000
  • 15 Feb 2019
    Listed for Rent $240 / 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.
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.

Suburb Insights for Kennington 3550

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.