OFF MARKET

2/5 Clarence Avenue
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 240m2
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Last updated 2 Sep 2024
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Property Details for 2/5 Clarence Ave, Kennington

2/5 Clarence Ave, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 240m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1970
Floor Size
75m2
Land Size
240m2
Local Government
Greater Bendigo
Lot/Plan
2/RP11474

Last Listing description (January 2024)

Conveniently situated just off Condon Street is this updated two-bedroom unit which offers both the owner-occupier and investor a great opportunity.

Situated at the front of the block with only one other unit on the block the home features a large open-plan lounge dining area, two double bedrooms both with built-in robes, and renovated and updated kitchen, bathroom, and laundry facilities. Outside features an elevated front balcony, rear carport, and a separate parking area at the front of the property.

Currently, let as a fully furnished property to an excellent tenant at $300 per week but vacant possession is available with the option of the furniture remaining in the sale price.

Property History for 2/5 Clarence Ave, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$370,000
31 Aug 2023
Listed for Rent
$300/w
30 Oct 2020
  • 31 Aug 2023
    Sold for $370,000
  • 03 May 2023
    Listed for Sale $375,000
  • 20 Sep 2022
    Transferred
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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 3,362 properties. Over the last 5 years, Houses in Kennington have seen a 49.46% increase in median value, while Units have seen a 62.15% increase. As at 31 July 2024:

  • The median value for Houses in Kennington is $596,017 while the median value for Units is $409,158.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 136 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.