SOLD
Sold on 14 Sep 2023 for $290,000

4/8 Murphy Street
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 105m2
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Property Details for 4/8 Murphy St, Kennington

4/8 Murphy St, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 105m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Kennington in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
74m2
Land Size
105m2
Local Government
Greater Bendigo
Lot/Plan
4/RP5129

Last Listing description (December 2023)

Neatly presented and situated only 1.8km from the Bendigo CBD is this low maintenance property, located in the highly regarded suburb of Kennington.

- Comprising 2 bedrooms with built in robes, open plan kitchen/meals, adjoining lounge, and low maintenance courtyard.

- Further attributes include undercover off-street car parking, split system heating/cooling, gas cooking, and tasteful general updates over the years.

- Close proximity to schools, public transport, shopping centres and recreational facilities.
The local supermarket is also within walking distance.

- Currently leased, however vacant possession can be provided.

Astute investors will understand the importance of adding quality properties in a prime position to their portfolio, whilst those looking to owner occupy will love the convenience and affordability of residing in this highly regarded Kennington location.

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Property History for 4/8 Murphy St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$290,000
14 Sep 2023
Listed for Rent
$300/w
10 Aug 2022
  • 14 Sep 2023
    Sold for $290,000
  • 18 Aug 2023
    Listed for Sale $310,000 to $340,000
  • 28 Oct 2022
    Listed for Sale $310,000 - $340,000
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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 3,362 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.

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