9 Farrington Street, Kennington VIC 3550

9 Farrington Street, Kennington VIC 3550
5 bed Kennington home | Russell Parsons extension | undercover basketball court | 589mยฒ near CBD This property presents a rare configuration in a central Bendigo location, combining a substantial 5-bedroom layout with a Russell Parsons extension that adds genuine architectural credibility. The undercover basketball court and secure electronic gated access are distinctive features unlikely to be replicated nearby, giving a buyer a competitive advantage in a market where family-sized homes with recreational space are scarce. It suits a buyer seeking a move-in ready home with separation between original character rooms and a modern open-plan wing, particularly those valuing proximity to the CBD within a quiet street. The primary risk lies in the land size of 589mยฒ, which may limit future redevelopment potential compared to larger blocks in the area. The discrepancy between the original 3-bedroom configuration and the current 5-bedroom layout suggests careful due diligence on council approvals for the extension is warranted. However, the opportunity is clear: the property has been upgraded with refrigerated air conditioning and gas fireplace, reducing immediate capital outlay, and its location less than five minutes from the CBD supports strong rental demand if required. The 2016 last sale date indicates potential equity growth, though current market conditions should be verified independently.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9 Farrington Street, Kennington VIC 3550
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

589mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat