OFF MARKET

5/29 Glencoe Street
Kennington VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 227m2
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Property Details for 5/29 Glencoe St, Kennington

5/29 Glencoe St, Kennington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 227m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1980
Floor Size
99m2
Land Size
227m2
Local Government
Greater Bendigo
Lot/Plan
5/SP27600

Last Listing description (April 2024)

Superbly located in Kennington and just minutes from the CBD of Bendigo is this spacious two-bedroom unit. Positioned right next door to the newly developed Harry Trott reserve, with transport, shops, schools, La Trobe Uni all close by, the unit is the perfect option for owner occupiers or for the savvy investor as the unit is returning $280pw.
Moving inside finds a spacious carpeted living area with wall mounted reverse cycle heater and cooler. The kitchen has an updated electric oven, electric cooktop, an ample amount of cupboards and a breakfast bar. The bathroom has a bath, shower and vanity with good bench space. A separate toilet is nearby. The kitchen and bathroom are both serviceable as is, however do offer an opportunity for adding value through some basic cosmetic upgrades if you desire. Both bedrooms are generous in size and both have a built in robe. The laundry provides access to the reasonably spacious, enclosed backyard which is big enough for a pet, plus there is a paved entertaining area.
There is a single carport for the car and a storage/workshop area at the rear of the carport.

In summing up, you have a very solid unit, set in a quiet, well-established location with a tenant already in place or vacant possession can be made available.
Call today to arrange an inspection.

Property History for 5/29 Glencoe St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$355,000
17 Aug 2023
Listed for Rent
$170/w
14 Jun 2009
  • 17 Aug 2023
    Sold for $355,000
  • 05 Jun 2023
    Listed for Sale $350,000 - $370,000
  • 21 Mar 2019
    Listed for Sale $235,000 - $255,000
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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.

Suburb Insights for Kennington 3550

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.