OFF MARKET

2/50 Marnie Road
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 262m2
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Property Details for 2/50 Marnie Rd, Kennington

2/50 Marnie Rd, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 262m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1990
Floor Size
101m2
Land Size
262m2
Local Government
Greater Bendigo
Lot/Plan
2/SP33576

Last Listing description (December 2023)

Whether you're purchasing a property as a home or an investment, location should be at the top of your checklist.

This 2-bedroom brick veneer unit puts a big tick in that box. It combines the advantages of a quiet no-through road with the convenience of being walking distance from Strath Village and Kennington Village shopping centres, the La Trobe university campus and Kennington Reservoir.

Set well back from the road, in a generously spaced 5-unit development, it's easy to forget you're close to the epicentre of Strathdale where Marnie Road begins. The road ends at the Greater Bendigo National Park.

Strathdale is renowned for its leafiness and the unit complex is no exception. Large native trees can be viewed from any angle. You'll enjoy the bird chorus which greets you every morning.

Inside all the basics are solidly in place. Two bedrooms with built-ins, the master a generous size. Bathroom facilities include bath, shower, vanity, mirrored cabinet and separate toilet. There's also a linen press. The laundry is conveniently located at the back door for quick access to the clothesline. The spacious eat-in kitchen includes gas cooker, range hood, pantry and plenty of cupboards.

The lounge, hallway and bedrooms are carpeted. Floor tiles feature in the bathroom, toilet and laundry. The soft-under-foot lino in the kitchen will make meal preparation more comfortable.

Located at the front of the unit, the lounge features a large block of windows which invite light and views inside. Double roller blinds let you filter that sunlight on summer evenings.

Curl up in your favourite armchair and enjoy the comfort of the reverse-cycle split system. On extra-chilly days, the gas wall furnace will ramp up the coziness.

Low maintenance gardens at the front and rear of the unit provide personal green space. The attached single garage will be the ideal place to house your gardening tools.

Some may wish to 'freshen up' the unit but, as it is comfortably presented, you can easily move straight in and enjoy the lifestyle.

For first home buyers this unit represents a great opportunity to enter the market. Downsizers will appreciate the chance to release capital. And investors will recognise the magnetic appeal the location will have to potential renters.

Property History for 2/50 Marnie Rd, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$405,000
09 Nov 2023
Listed for Rent
$275/w
01 Apr 2020
  • 09 Nov 2023
    Sold for $405,000
  • 27 Jun 2023
    Listed for Sale Not Disclosed
  • 31 Mar 2020
    Listed for Rent $275 / 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 3,367 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.
There are currently 32 properties listed for sale, and 13 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 139 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.