104 Mundy Street, Kennington VIC 3550

104 Mundy Street, Kennington VIC 3550
Corner block, 673mยฒ | 4-bed potential, 2-bath layout | School-zoned, no overlays | May 2025 sale signals recent upgrade The buying case rests on the corner allotment and generous land size, which are rare in this sought-after Kennington pocket and give the house superior side-access potential and natural light. The shift from a 3-bed, 1-bath to a 4-bed, 2-bath configuration, supported by the 244mยฒ building footprint and solar panels, suggests a recent renovation that adds genuine family appeal. This property suits buyers wanting a move-in-ready home with strong school zoning and proximity to Bendigoโ€™s CBD, where the land component alone offers positional scarcity. The primary risk is verifying the quality and completeness of the apparent renovation, as the room-count inconsistency may mask unfinished work or permit issues. The automated valuation at $583,000 is likely outdated and irrelevant, but the gap between that and the asking range demands a thorough building and pest inspection. The opportunity lies in the absence of flood, bushfire, and heritage overlays, which simplifies future extensions or a granny flat, and the corner block may allow a separate driveway for subdivision potentialโ€”subject to council confirmation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 104 Mundy Street, Kennington VIC 3550
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Market Insight:

Kennington presents a compelling proposition within Bendigo, characterised by strong demand from first-home buyers, downsizers, and investors, stimulated by favourable financing conditions. The housing market exhibits robust price growth and a premium segment is emerging, though the unit market remains undersupplied. Future growth is underpinned by significant planned residential development, while the key constraint is the current tightness in unit supply which may temper broader market accessibility.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

673mยฒ

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