29 Michael StreetKennington VIC 3550
Property Details for 29 Michael St, Kennington
29 Michael St, Kennington is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 874m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2022)
This spacious period weatherboard home sits on a large allotment less than five minutes from the CBD, La Trobe University, Lake Weeroona while being within walking distance to many amenities. The property presents an incredible opportunity for builders, investors, developers, or for someone looking for a project to create a fantastic family home in a central locale. With a side access to the back of the block, and ample room for development or subdivision (STCA) there's are an abundance of options to create something special. In original condition with period features including high ceilings, leadlight windows the home requires a complete renovation. The home itself offers, 2 bedrooms, lounge, kitchen/dining, central bathroom, laundry and sunroom. Outside you will find two single carports along with plenty of shedding as well. Be quick to secure such a rare opportunity in a sought after location. Terms: 10% deposit 30/60 days.
JD0802
Property History for 29 Michael St, Kennington, VIC 3550
- 19 Feb 2022Sold for $625,000
- 25 Jan 2022Listed for Sale EPR: $500,000 - $550,000
- 26 May 2016Transferred
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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 3,361 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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