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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 $450 per week and the median rental yield is 4.06%. Stock on the market for houses/townhouses has changed 25.93% compared to last year and the average time to sell a house/townhouse is 121 days.The median listing price for units is $390,000 and this has changed 2.63% over the past year. The average unit takes 113 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

0.98%

Current vacancy rate


28

Rental stock available


5,643

Population


31.30%

Rental population


0.68%

Current vacancy rate


393

Rental stock available


110,479

Population


24.07%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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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 2.63%
Median price change - 2 years 0.43% NA 1.29%
  House Townhouses Units
Median weekly rent $450 NA $370
Median yield % 4.06% NA 4.93%
Median rent change - 1 year 5.88% NA 0.00%
  House Units
Previous month sales 6 5
Stock on market previous month 68 20
Stock variance vs. last year 25.93% 25.00%
Average days on market 121 113

Kennington investment property listings

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