OFF MARKET

93 Mundy Street
Kennington VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 113m2
Land area: 1335m2
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Last updated 11 Nov 2024
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Property Details for 93 Mundy St, Kennington

93 Mundy St, Kennington is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 1335m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1940
Floor Size
113m2
Land Size
1335m2
Local Government
Greater Bendigo
Lot/Plan
1/TP119403

Last Listing description (August 2021)

It gets said a lot, but this opportunity is definitely one not to miss!

Imagine owning around 1,350m2 of land right near the heart of Bendigo and having the opportunity to either build your dream home or add to the investment portfolio and secure your financial future. With a property of this size and just 4 minutes to the CBD, this is one smart investment.

Located at the front of the property is an original weatherboard home offering three generous bedrooms with the fourth bedroom located in a granny flat at the back of the home. Historic charm, polished floorboards and 11ft ceilings adds to its potential.

While the drawcard is the massive opportunity (STCA) for future development, the home is in good condition to continue bringing in approx $320 per week of rental income.

The property is also just around the corner from Ewing Park, close to popular Sternberg Street and is only 1.7km to Bendigo Marketplace.

This investment potential won't last long.

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Property History for 93 Mundy St, Kennington, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$641,000
16 Feb 2021
Listed for Rent
$320/w
30 Nov 2019
  • 16 Feb 2021
    Sold for $641,000
  • 02 Feb 2021
    Listed for Sale $560,000
  • 07 Aug 2019
    Listed for Rent $320 / 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 3,368 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 32 properties listed for sale, and 10 properties listed for rent in Kennington on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Kennington.

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