7/50 Neale StreetKennington VIC 3550
Property Details for 7/50 Neale St, Kennington
7/50 Neale St, Kennington is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 207m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Last Listing description (April 2018)
A superb investment opportunity for the astute investor to purchase these two 1-bedroom units.
One title sold as a pair
In a top location, right across the road from Harry Trott Oval, 2-minute drive to the CBD of Bendigo, Coles Supermarket and within walking distance to local schools, Bendigo train station and bus stop. La Trobe Uni is only a 5-minute drive away.
THE DETAILS:
Unit 6 - Vacant.
Completely refurbished with updated kitchen & bathroom, new carpets, fresh paint, new window furnishings.
Gas stove, gas heating & air conditioner, single carport.
Possible rental return of $170 - $190pw
Unit 7 - Occupied
In very good order throughout with an excellent long-term tenant for over 20 years wanting to stay.
Vinyl plank flooring in the kitchen & bathroom, carpeted lounge & bedroom.
1 car space.
Currently returning $155pw
Perfect addition to your investment portfolio or live in unit 6 while you rent out unit 7.
Call today to arrange an inspection.
Property History for 7/50 Neale St, Kennington, VIC 3550
- 22 Feb 2018Sold for $275,000
- 17 Nov 2017Listed for Sale $285,000 - $299,000
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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 3,361 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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