OFF MARKET

45 Mill Street
Kennington VIC 3550

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 876m2
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Property Details for 45 Mill St, Kennington

45 Mill St, Kennington is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 876m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1975
Land Size
876m2
Local Government
Greater Bendigo
Lot/Plan
5/LP111033

Last Listing description (November 2018)

Unassuming 1970's brown brick veneer located in highly sought Mill Street on a large block approx 900m has huge potential for renovation, extension or redevelopment.
The solid, neat and tidy home in original order offers three bedrooms, all with robes and main with ensuite, L-shaped lounge/dining with picture windows to front and rear gardens and spacious kitchen/meals area with
gas/electric cooking, dishwasher, gas heating, air conditioner.

The big backyard includes a garden shed and side access for caravan or trailer parking with a single garage under the house.
The property offers a unique opportunity as an affordable renovator or prime development site where purchasers can create their dream home with a comprehensive renovation and/or extension or utilise the existing approved plan for a two-lot subdivision with two dwellings.
It is already a proven investment with a recent rental history of $300 per week.
The prized location is one of Bendigo's prime residential streets and is only minutes from schools, LaTrobe University, sporting facilities/parks and the city centre.
The last time this property was offered for sale, we were overwhelmed with prospective buyers, so don't procrastinate it won't wait.

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Property History for 45 Mill St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$438,000
02 Oct 2018
Listed for Rent
25 Jan 2017
  • 02 Oct 2018
    Sold for $438,000
  • 30 Aug 2018
    Listed for Sale $430,000 - $460,000
  • 18 Oct 2016
    Listed for Rent - Price not available
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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 32 properties listed for sale, and 11 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Kennington.

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