SOLD
Sold on 23 Apr 2024 for $520,000

1/7 Kernot Street
Spotswood VIC 3015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 77m2
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Property Details for 1/7 Kernot St, Spotswood

1/7 Kernot St, Spotswood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 77m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Spotswood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
64m2
Land Size
77m2
Local Government
Hobsons Bay
Lot/Plan
8/RP5240

Last Listing description (June 2018)

This villa unit in a sought after location offers; 2 bedrooms both with built in robes, large open plan living/dining area with gas heating, kitchen with gas appliances, large central bathroom with shower/bath and separate laundry. Additional features include; undercover OSP, low maintenance courtyard and recently painted and near carpeted throughout. Situated in only a block of 4 units and within walking distance to Vernon Street shops and cafes.

Property History for 1/7 Kernot St, Spotswood, VIC 3015

A timeline of how this property has performed in the market
Last Sold
$520,000
23 Apr 2024
Listed for Rent
$280/w
28 Jun 2017
  • 23 Apr 2024
    Sold for $520,000
  • 20 Jun 2017
    Listed for Rent $265 / week
  • 15 Jan 2017
    Transferred
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About Spotswood 3015

The size of Spotswood is approximately 3 square kilometres. It has 11 parks covering nearly 14.5% of total area. The population of Spotswood in 2011 was 2,338 people. By 2016 the population was 2,602 showing a population growth of 11.3% in the area during that time. The predominant age group in Spotswood is 30-39 years. Households in Spotswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spotswood work in a professional occupation. In 2011, 66.8% of the homes in Spotswood were owner-occupied compared with 66% in 2016.

Spotswood has 1,914 properties. Over the last 5 years, Houses in Spotswood have seen a 9.39% increase in median value, while Units have seen a 9.19% increase. As at 31 October 2024:

  • The median value for Houses in Spotswood is $1,118,363 while the median value for Units is $718,621.
  • Houses have a median rent of $690 while Units have a median rent of $595.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Spotswood on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Spotswood.

Suburb Insights for Spotswood 3015

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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.