2/29 Glencoe StreetKennington VIC 3550
Property Details for 2/29 Glencoe St, Kennington
2/29 Glencoe St, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 293m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (November 2018)
Arguably one of the best positioned properties in Glencoe Street, this unit sits next door to the path that leads to the Harry Trot Oval. The astute investor will appreciate the many features that make this property an ideal investment:
Close to major shopping centres and supermarkets (the brand new Kennington Village, Strath Village and Strath Hill precinct - including Aldi)
State-of-the-art educational facilities such as St Thereses Primary School, Kennington Primary School, Bendigo South East Secondary College and Latrobe University.
A secure long term Tennant in place with a guaranteed return of $245 per week up until the 19th February 2018.
A solid structure with comfortable, well thought out proportions. A secure yard and bricked work shop/garden shed with closed in carport and concrete driveway
Investment properties such as this, have taken the guess work away. You can sit back and relax and watch the regular cash flow come in. Appreciate the secure location that has historically outperformed the steady flow of the Bendigo property market.
Property History for 2/29 Glencoe St, Kennington, VIC 3550
- 20 Jul 2018Listed for Rent $260 / week
- 19 Jun 2018Sold for $235,000
- 17 Apr 2018Listed for Sale $245,000-$255,000
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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 3,376 properties. Over the last 5 years, Houses in Kennington have seen a 48.35% increase in median value, while Units have seen a 45.19% increase. As at 31 January 2025:
- The median value for Houses in Kennington is $614,813 while the median value for Units is $380,026.
- Houses have a median rent of $450 while Units have a median rent of $390.
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