OFF MARKET

9 Bolton Drive
Kennington VIC 3550

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 204m2
Land area: 765m2
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Last updated 30 Sep 2024
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Property Details for 9 Bolton Dr, Kennington

9 Bolton Dr, Kennington is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 765m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Floor Size
204m2
Land Size
765m2
Local Government
Greater Bendigo
Lot/Plan
30/LP115292

Last Listing description (September 2021)

Indicative Sale Price: $500,000 - $550,000.Elders Easy Sale Closes Wednesday 4 August, 11:00am at 46 Queen Street, Bendigo.The competitive property market has created an increased awareness of the impact of economic conditions on real estate. When the demand for property is greater than the supply, we must be quick to recognise value, and fast to act to secure it. Many buyers are naming three main criteria in their search for value: location, lifestyle and the prospect of future capital growth. Smart!In considering location there's an increasing awareness that well established neighbourhoods in popular suburbs represent great value. Kennington has long been regarded as a most appealing location. The suburb has beautiful streetscapes, quality and time-tested constructions; and a pleasing variety of housing styles and thoughtful designs. Kennington is also prized for its picturesque natural surrounds and access to popular amenities. It's these natural surrounds and popular amenities that elevate the lifestyle benefits of this property. Bolton Drive is positioned off Marnie Road and is just a stroll from Kennington Reservoir, Kennington Village, Strath Village and Strath Hill. The nearby Harley Street Caf and Edwards Providore are two very popular destinations for those who have just enjoyed a shop, a visit to a nearby gym or pool, time at a playground with the kids or grandkids, or a walk around the Res with friends. This top location and these highly sought-after lifestyle benefits are strong indicators of the prospect of future capital growth. As are the traits of the property itself. There's an increasing appetite in the market for four-bedroom, two-bathroom homes. This residence offers four robed bedrooms, bathroom and ensuite. The property has great access to public transport, schools and La Trobe University. Number 9 is currently home to excellent renters on a periodic lease and is managed by our team, Elders Property Management. The renters love the property and would be delighted if an investor were to secure the property and want to offer them a new lease agreement. However, the renters are also understanding that if you wish to occupy the property yourself, then the lease will come to an end to enable vacant possession. If location, lifestyle and the prospect of future capital growth are also your main criteria, you'll surely agree that 9 Bolton Drive offers great value. Securing it is a capital idea!A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 9 Bolton Dr, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$565,000
20 Aug 2021
Listed for Rent
$320/w
31 Dec 2014
  • 20 Aug 2021
    Sold for $565,000
  • 02 Jul 2021
    Listed for Sale ELDERS EASY SALE Closes Wednesday 4 August, 11am
  • 01 Nov 2014
    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 3,364 properties. Over the last 5 years, Houses in Kennington have seen a 49.97% increase in median value, while Units have seen a 57.42% increase. As at 30 September 2024:

  • The median value for Houses in Kennington is $596,329 while the median value for Units is $394,302.
  • Houses have a median rent of $445 while Units have a median rent of $400.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 138 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.