OFF MARKET

2/2 Greenwood Drive
Kennington VIC 3550

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 437m2
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Property Details for 2/2 Greenwood Dr, Kennington

2/2 Greenwood Dr, Kennington is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 437m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2003
Floor Size
136m2
Land Size
437m2
Local Government
Greater Bendigo
Lot/Plan
3/PS502512

Last Listing description (February 2022)

Elders Easy Sale Closes Wednesday 24 November, 2:00pm at 46 Queen Street, Bendigo.
Indicative Sale Price $480,000 - $500,000.
*Please note that due to Government Regulations, to attend the open for inspection advertised, there is a requirement that you must show evidence of being double vaccinated to the agent onsite*.

Perfectly sized low maintenance living for downsizers, first home buyers or investors in a select residential location with very little passing traffic.

Deceptively spacious, the home has a light filled tiled open plan kitchen/meals/living room with gas appliances, dishwasher, large windows and a sliding glass door to the enclosed rear yard. Each of the three bedrooms has built in robes, and the main bedroom has an ensuite with an oversized shower. The home has ducted gas heating throughout, split system cooling and ample storage space.

Positioned towards the rear of the allotment, plenty of parking is available via the double garage with automatic roller door and the wide concrete driveway. The timeless brick veneer home is in great condition, with little required for a new owner to do, and the manageable 437sqm allotment means keeping the gardens in shape takes very little effort.

With La Trobe University situated at the end of the street, this is a wonderful opportunity for parents looking for a home for their child during their studies, with a further income stream of leasing the extra bedrooms to other students. The property is currently leased to excellent renters for $360 per week on a periodic basis (month by month) managed by our team, Elders Property Management.

Enjoy relaxing bush walks through the nearby One Tree Hill Regional Park, and located within easy walking distance to supermarkets at Strath Hill and Kennington Village shopping centres.

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2/2 Greenwood Dr, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$530,000
02 Dec 2021
Listed for Rent
$320/w
03 Jan 2019
  • 02 Dec 2021
    Sold for $530,000
  • 29 Oct 2021
    Listed for Sale ELDERS EASY SALE Closes Wednesday 24 November, 2pm
  • 27 Dec 2018
    Listed for Rent - Price not available
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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 29 properties listed for sale, and 9 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 140 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.