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18 Royal Avenue, Kennington VIC 3550

$420,000-$450,000

Search Band Search Visibility Band

$400k - $450k High Confidence Calculated based on strong search observations.

House 2 Beds 1 Bath 3 Cars 470 m² 116 m²

Listed: yesterday

Overview

Situated in a highly coveted area of Kennington, this property offers considerable potential for buyers keen on tailoring a home to their own vision. The residence serves as a flexible foundation for renovation and personalization, allowing one to enhance and transform the space to maximize the value of its prestigious location.

The property’s proximity to Bendigo’s CBD, along with convenient access to schools, shopping centres, and cafes, positions it as a practical choice for those valuing accessibility and established community amenities. The home's location within a well-regarded pocket of Kennington further underscores its appeal.

With a generous land size of 470 square meters and a comfortable living area of 116 square meters, the home accommodates two bedrooms, a bathroom, and ample parking spaces for three vehicles. This configuration suits a range of buyers, from renovators and investors to first-home purchasers seeking an opportunity to invest in an established yet promising market.

The blend of a desirable address with potential for enhancement makes this property an attractive proposition for those aiming to capitalize on Kennington’s well-established community while crafting a customized living environment. It is an opportunity to secure a foothold in a sought-after locale with many amenities at hand.

Local Market Insights

In Kennington, Quiet Listings observed 95 new houses entering the market over the last 30 days, up from 54 during the previous 30-day period, with an average advertised asking price of $715,268. The property type mix of listed properties is predominantly Houses at 79%, followed by units (13%), and townhouses (3%). The most active agency for houses in the Kennington area is currently Bendigo Real Estate, representing 39% of new listings, followed by PH Property with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.