5/8 Clarke StreetKennington VIC 3550
Property Details for 5/8 Clarke St, Kennington
5/8 Clarke St, Kennington is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 173m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (April 2023)
Located in a prime Kennington position, this neat brick veneer unit is a proven investment performer with a long-term tenant in residence. Alternatively, it would make the perfect first or retirement home.
It consists of two bedrooms with built-ins sharing a three-piece bathroom with a separate laundry and WC.
Northern light fills every corner of the living and dining area while gas heating and a split system heating/cooling unit maintain comfort levels. The U-shaped kitchen has a gas cooker, pantry cupboard and a breakfast bar separating it from the dining space.
The private, fenced rear yard includes a garden shed and gated access to the attached single carport.
One of eight units in the complex, it is conveniently placed in the centre providing good security, bitumen driveways and low maintenance surrounds.
Move-in ready, this little beauty would be the ideal addition to your investment portfolio or a great first home or downsize option.
It's a 20-minute walk to either the city or Strath/Kennington Village for shopping, dining etc..
Property History for 5/8 Clarke St, Kennington, VIC 3550
- 05 Apr 2023Sold for $315,000
- 29 Mar 2023Listed for Sale $310,000 - $330,000
- 15 Nov 2018Sold for $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 3,367 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.
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