2/40 Mafeking Street SKennington VIC 3550
Property Details for 2/40 Mafeking St S, Kennington
2/40 Mafeking St S, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 144m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Last Listing description (April 2023)
A wonderful investment to secure your financial future.
Nestled inside a block of 6 units, this low maintenance two-bedroom property centrally located in a sought-after Kennington pocket is currently leased to a wonderful long-term tenant until October 2023, bringing in $300 p/w.
The unit offers a secure backyard, single carport, open concept kitchen and living, two generous sized bedrooms with built-in robes and updated modern bathroom with bath.
The compact kitchen offers ample storage and all the essentials and sits adjacent to the laundry giving access to the secure backyard.
A gas wall furnace and split system unit adds to the home's features.
Just 3km to Bendigo Marketplace, 2.5km to Strath Village Shopping Centre, close to public transport and amenities, the location is a standout.
Invest and bring in additional rental income. Contact agent Jesse Forbes.
Property History for 2/40 Mafeking St S, Kennington, VIC 3550
- 30 Nov 2022Listed for Sale $350,000 - $380,000
- 22 Jul 2019Listed for Rent - Price not available
- 01 May 2015Listed for Sale $189,000 - $199,000
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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 3,369 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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