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Investment Property Kennington, VIC, 3550

Suburb Snapshot

Kennington is a suburb in the Greater Bendigo Region of Victoria. Kennington has a population of 5,643 people and 31.30% of its occupants live in rental accommodation. The median listing price for houses is $575,000 and this has changed 0.87% over the past year and changed 0.43% over 2 years.

The median rent in Kennington for houses is $440 per week and the median rental yield is 3.97%. Stock on the market for houses/townhouses has changed 9.52% compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $390,000 and this has changed 4.00% over the past year. The average unit takes 119 days to sell and the median rent for a unit in Kennington is $370 per week, producing a rental yield of 4.93%.

Supply & Demand in Kennington, Greater Bendigo

1.19%

Current vacancy rate


34

Rental stock available


5,643

Population


31.30%

Rental population


0.72%

Current vacancy rate


411

Rental stock available


110,479

Population


24.07%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Kennington, Greater Bendigo

  House Townhouses Units
Median listing price $575,000 NA $390,000
Median price change - last quarter 4.54% NA 0.00%
Median price change - 1 year 0.87% NA 4.00%
Median price change - 2 years 0.43% NA -1.27%
  House Townhouses Units
Median weekly rent $440 NA $370
Median yield % 3.97% NA 4.93%
Median rent change - 1 year 4.76% NA 5.71%
  House Units
Previous month sales 13 4
Stock on market previous month 69 19
Stock variance vs. last year 9.52% 46.15%
Average days on market 120 119

Kennington investment property listings

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