OFF MARKET

2/12 Murphy Street
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 122m2
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Last updated 16 Sep 2024
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Property Details for 2/12 Murphy St, Kennington

2/12 Murphy St, Kennington is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 122m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1975
Floor Size
75m2
Land Size
122m2
Local Government
Greater Bendigo
Lot/Plan
2/RP4397

Last Listing description (August 2021)

Why pay someone else's loan repayment when you can pay off your very own home loan.

With interest rates at an all-time low, this magnificent property gives you the opportunity to live in or rent out for income.

Within walking distance to the Bendigo CBD, shops cafes and offices, and only 600 metres from Coles McIvor Road, this Kennington location is wonderful.

With a large open lounge that flows nicely through to the kitchen, this brick veneer unit allows scope to modernise and freshen up in your own timeframe.

The kitchen features an electric stove and overlooks the rear yard that faces north allowing natural light to filter in throughout the year.

Both bedrooms have built in robes as a benefit for storage.

This is an ideal opportunity for a first home buyer or investor to grow their property portfolio.

Things we love about the property:
2 good sized Bedrooms
Large Lounge room
Tiled bathroom with separate shower and bath
Electric appliances
Built in robes to both bedrooms
Enclosed private rear yard for entertaining

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Property History for 2/12 Murphy St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$285,000
04 Aug 2021
Listed for Rent
$200/w
08 May 2018
  • 04 Aug 2021
    Sold for $285,000
  • 26 Jul 2021
    Listed for Sale $275,000 - $290,000
  • 04 May 2018
    Listed for Rent $200 / 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 3,364 properties. Over the last 5 years, Houses in Kennington have seen a 51.83% increase in median value, while Units have seen a 67.05% increase. As at 31 August 2024:

  • The median value for Houses in Kennington is $603,412 while the median value for Units is $413,998.
  • Houses have a median rent of $450 while Units have a median rent of $410.
There are currently 27 properties listed for sale, and 8 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Kennington.

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