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Sold on 06 Sep 2024 for $295,000

5/995 Plenty Road
Kingsbury VIC 3083

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 58m2
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Property Details for 5/995 Plenty Rd, Kingsbury

5/995 Plenty Rd, Kingsbury is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 58m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Kingsbury in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
42m2
Land Size
58m2
Local Government
Darebin
Lot/Plan
5/SP36893

Last Listing description (October 2024)

Ideally located close to La Trobe University and Summerhill shopping complex, this attractive one-bedroom unit is the perfect entry into property ownership or the ideal addition to your investment portfolio.

With polished floorboards, fully functional kitchen with electrical appliances including fridge and offering off street parking. Spacious bedroom with mirrored built in robes and easy access to the updated bathroom, complete with washing machine. Rear access to the private courtyard with BBQ.

The location is unbeatable: within walking distance to La Trobe University, Bundoora Park, and Kingsbury Primary School, and just 1.5 km from Summerhill Shopping Centre. Reservoir District Secondary College is 1 km away, and tram and bus services are right at your doorstep

Features Include:
* Age of Property: 34 years
* Split system heating/cooling
* Wall heaters x 3
* Off Street Parking on title
* Floorboards
* Spacious bathroom
* Council rates: Darebin Council $640pa approx
* Owners Corporation Fees: $2033pa approx
* Currently vacant with rental potential of approx. $330pw - $345pw
* Close to Polaris and Summerhill Shops and eateries.
* Tram 86 minutes away

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Property History for 5/995 Plenty Rd, Kingsbury, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$295,000
06 Sep 2024
Listed for Rent
$285/w
19 Aug 2022
  • 06 Sep 2024
    Sold for $295,000
  • 07 Aug 2024
    Listed for Sale Offers Welcome $285,000 - $310,000
  • 26 Jun 2023
    Sold for $287,000
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About Kingsbury 3083

The size of Kingsbury is approximately 1.3 square kilometres. It has 6 parks covering nearly 26.5% of total area. The population of Kingsbury in 2011 was 3,362 people. By 2016 the population was 3,762 showing a population growth of 11.9% in the area during that time. The predominant age group in Kingsbury is 20-29 years. Households in Kingsbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsbury work in a professional occupation. In 2011, 57.7% of the homes in Kingsbury were owner-occupied compared with 51.8% in 2016.

Kingsbury has 1,828 properties. Over the last 5 years, Houses in Kingsbury have seen a 21.24% increase in median value, while Units have seen a 18.22% increase. As at 30 September 2024:

  • The median value for Houses in Kingsbury is $854,706 while the median value for Units is $541,370.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Kingsbury on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Kingsbury.

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