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Sold on 04 Nov 2024 for $575,000

29 Neale Street
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1012m2
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Bendigo Ballarat Real Estate
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Property Details for 29 Neale St, Kennington

29 Neale St, Kennington is a 2 bedroom, 1 bathroom House. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Kennington in the last 12 months.

Building Type
House
Land Size
1012m2
Local Government
Greater Bendigo
Lot/Plan
380A~H/PP3473A

Last Listing description (November 2024)

This property at 29 Neale Street, Kennington presents an incredible opportunity for builders, investors, developers or for someone looking for a project to create a fantastic home in a central locale. Set on a large and spacious allotment of 1012 sq mts which offers a frontage to Neale Street of 20.12mts. The home consists of two bedrooms, formal lounge and dining room, kitchen/meals area, study, bathroom, laundry plus a large rear room that could be a third bedroom or rumpus room. There is genuine scope to either renovate the existing home or demolish and build your dream home or townhouses (STCA). Superbly located being within proximity to Coles on McIvor Road, Harry Trot Oval and public transport with also having easy access to Bendigo's CBD, Bendigo Health while also being a short drive to Kennington Village and LaTrobe University. Take advantage of one of Bendigo's best locations with a property that is literally oozing potential!!

Property History for 29 Neale St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$575,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $575,000
  • 19 Sep 2024
    Listed for Sale $550,000 - $600,000

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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 3,368 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 31 properties listed for sale, and 12 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Kennington.

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