11 Townsend St, Kennington is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 391m2.
Located a stone's throw from the city, the railway station and LaTrobe university, this low maintenance unit complex is a great opportunity for canny investors.
It consists of five renovated units on separate strata titles. All units are currently leased to good tenants with a total rental return of approximately $50,000 per annum.
Each unit features two bedrooms with built-in robes, gas-heated living/dining and new galley style kitchen with ample glossy white cabinetry and gas cooker. Upgraded combined bathroom/laundry includes shower, vanity and separate WC. Each unit has provision for a washing machine, a private rear courtyard and carport .
The size of Kennington is approximately 4.0 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2016 was 5649 people. By 2021 the population was 5880 showing a population growth of 4.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation.In 2021, 59.30% of the homes in Kennington were owner-occupied compared with 59.20% in 2016.
Kennington has 3,421 properties. Over the last 5 years, Houses in Kennington have seen a 43.66% increase in median value, while Units have seen a 53.15% increase. As at 31 December 2025:
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