OFF MARKET

5/42 Mafeking Street S
Kennington VIC 3550

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 66m2
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Property Details for 5/42 Mafeking St S, Kennington

5/42 Mafeking St S, Kennington is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 66m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1970
Floor Size
56m2
Land Size
66m2
Local Government
Greater Bendigo
Lot/Plan
5/RP8375

Last Listing description (May 2022)

Rarely does an investment property appear on the market that requires little attention; has an ideal tenant with established lease; and provides excellent return on investment with the investment being more than affordable for any entry level or astute investor to capitalise on.

Here is this delightful 1-bedroom brick veneer property with open-plan living/kitchen/meals situated at the rear of the complex providing an extra degree of security.

Whilst largely original, the bathroom has been updated in recent years, along with the floor coverings. The spacious bedroom looks back over to the complex through a large window making it light-filled and appealing with plenty of room for a desk for the work/study-at-home situation.

A separate single carport and small grassed common area is available close by. Close to schools, shops and supermarkets, public transport and a quick commute to the Bendigo CBD - be quick as this won't last long.

Property History for 5/42 Mafeking St S, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$252,500
03 May 2022
Listed for Rent
$185/w
27 Jan 2017
  • 03 May 2022
    Sold for $252,500
  • 03 Mar 2022
    Listed for Sale $250,000 - $265,000
  • 07 Jan 2017
    Listed for Rent $185 / week
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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 3,369 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, 146 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.