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5 Kate Close,
Kennington VIC 3550

This property is Off Market

All about Kennington Homes for sale in Kennington

The Average property price in this area is $675,018, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 128.02 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White 3 COLLINS CT, 450000 3 Beds - 1 Baths - 2 Parking Within 0.3 km PRD 10 STEANE ST, $730,000 - $800,000 4 Beds - 1 Baths - 1 Parking Within 0.6 km Ray White 5 GLENCOE ST, 475000 3 Beds - 1 Baths - 2 Parking Within 0.7 km PRD 19 RIDGEWAY CR, $570,000 - $620,000 4 Beds - 2 Baths - 2 Parking Within 0.9 km Professionals UNIT 2, 108 MUNDY ST, $390,000 - $399,000 2 Beds - 1 Baths - 1 Parking Within 1.0 km Professionals UNIT 3, 108 MUNDY ST, $390,000 - $399,000 2 Beds - 1 Baths - 1 Parking Within 1.0 km Belle Property UNIT 1, 76 STERNBERG ST, $400,000 - $435,000 2 Beds - 1 Baths - 3 Parking Within 1.1 km Ray White UNIT 1, 5 HODGKINSON ST, 290000 2 Beds - 1 Baths - 1 Parking Within 1.3 km PRD 36 MCIVOR RD, $420,000 - $460,000 3 Beds - 1 Baths - 2 Parking Within 1.4 km Belle Property 4B SEDGWICK CL, $480,000 - $520,000 3 Beds - 1 Baths - 2 Parking Within 1.7 km PRD 149 EDWARDS RD, $1,190,000 - $1,290,000 3 Beds - 2 Baths - 2 Parking Within 1.8 km

Recently Sold Properties in this Area

About East Bendigo - Kennington

With an average age of 37, households expect an average monthly mortgage payment of $1,500 or a weekly rent payment of $300. The average family earns a weekly income of $2,187 with a typical household size of 2.2 and a 98.0% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Kennington due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Kennington provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Kennington to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Kennington we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kennington a better buying opportunity than it may have been in the past.

Public Transport

Bendigo

Stop 1: Central Deborah Gold Mine train

Epsom

Stop 2: Charing Cross tram

Stop 6: Joss House tram

Stop 4: Lake Weeroona tram

Stop 3: Bendigo Tramways Depot and Workshop train

Huntly

Kangaroo Flat tram

Stop 5: Tysons Reef

General Points of Interest

C Block

Spring Gully Tennis Club sport

Peter Krenz Leisure Centre golf

Bendigo Golf Club

Poppet Head Mine stadium

Red Energy Arena

Village Epsom Shopping Centre

Lansell Square monument

Great Extended Hustlers Mine Disaster Memorial stadium

Golden Square Primary School

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 2044 asthma sufferers and 610 people living with diabetes. In addition, 835 people have a heart/vascular condition and 1675 people live with three or more chronic diseases.

A good place to invest in property?

East Bendigo - Kennington a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

43 / 100

52 / 100

Industry

13 / 100

17 / 100

Population

22 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

27 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Bendigo South East 7-10 Secondary College Kennington Primary School Bendigo Senior Secondary College
Bendigo Senior Secondary College
Bendigo, VIC, 3552 State 10-12
Victory Christian College
Kennington, VIC, 3550 Independent Prep-12
Camp Hill Primary School
Bendigo, VIC, 3552 State Prep-6

Property Story

5 Kate Close, Kennington, Vic, 3550 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $535,000 while properties of this type typically sell for between $325,000 and $625,000 in this suburb. The estimated distance to the sea is 128.02km and 0.13KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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