4/42 Mafeking Street SKennington VIC 3550
Property Details for 4/42 Mafeking St S, Kennington
4/42 Mafeking St S, Kennington is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 70m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (March 2021)
If you are looking for a sound investment with an excellent rental return, you need to look no further than this well-presented brick veneer unit in the heart of Kennington. With an estimated weekly return of $230 per week, the body corporate covering the maintenance of the front of the property and building insurance for an investor everything is taken care of.
This one bedroom unit situated in a great residential area of Bendigo, will be a sound addition to any property portfolio close to Bendigo CBD, Kennington Village, La Trobe University, schools and public transport at your doorstep.
The unit comprises lounge with split-system heating and cooling, and functional kitchen with gas cooking, electric oven, dishwasher and ample storage. Large main bedroom with wall-to-wall built-in robes, plus large bathroom, laundry, 2kw solar system and single carport/parking with side access to a private a secure yard.
There is always high demand for this type of property with excellent return or for the owner-occupier looking to secure property in popular Kennington.
Property History for 4/42 Mafeking St S, Kennington, VIC 3550
- 24 Nov 2020Listed for Rent $230 / week
- 21 Aug 2020Sold for $195,000
- 29 May 2020Listed for Sale $195,000 - $210,000
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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 3,364 properties. Over the last 5 years, Houses in Kennington have seen a 51.83% increase in median value, while Units have seen a 67.05% increase. As at 31 August 2024:
- The median value for Houses in Kennington is $603,412 while the median value for Units is $413,998.
- Houses have a median rent of $450 while Units have a median rent of $410.
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