8 Dale StreetKennington VIC 3550
Property Details for 8 Dale St, Kennington
8 Dale St, Kennington is a 7 bedroom, 7 bathroom Unit with 8 parking spaces. The property has a land size of 867m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 7 bedroom Unit sold in Kennington in the last 12 months.
Last Listing description (March 2025)
Nestled at the top of a quiet and established court on 1232 sqm, 8 Dale Street Kennington presents a unique investment opportunity with high rental yield. Seven separate tenancies deliver a combined gross return of $152,880 per annum. Among these, a cream brick veneer boarding house and a detached unit block with four fully renovated units stand as a testament to the diversity and proven income of this exceptional investment all seven tenancies each have 1 carpark.
Boarding House:
The boarding house within this investment gem has undergone a complete internal transformation, ensuring a high standard of living for its occupants. Comprising three separate rooms, each with its own bedroom and living area, a convenient kitchenette, and a sparkling new bathroom, the central common area is designed for communal living, featuring a fully equipped kitchen, a dedicated laundry, and a shared living space that fosters a sense of community among residents. All three rooms are leased at $420 each per week.
Unit Key Features:
Four single-bedroom units, each meticulously renovated to offer contemporary comforts. The units feature brand-new kitchens and bathrooms with stone benchtops and equipped with European appliances and combined living/meals area.
All four units are leased at $420 each per week.
With existing leases in place and a proven track record of strong returns, 8 Dale Street is the epitome of a secure, high-yield investment. Selling fully furnished, located within close proximity to Kennington Village, Kennington Reservoir and multiple primary and secondary schools.
Property History for 8 Dale St, Kennington, VIC 3550
- 06 Feb 2025Sold for $1,650,000
- 05 Feb 2025Listed for Sale $1,700,000 - $1,850,000
- 09 Apr 2024Listed for Rent $420 / week
Recent sales nearby
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0About Kennington 3550
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 3,422 properties. Over the last 5 years, Houses in Kennington have seen a 46.35% increase in median value, while Units have seen a 48.75% increase. As at 30 November 2025:
- The median value for Houses in Kennington is $649,391 while the median value for Units is $461,058.
- Houses have a median rent of $500 while Units have a median rent of $425.
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