Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Kennington › Lowndes St

34 Lowndes St, Kennington VIC 3550

For saleHouse for Sale

$520,000–$550,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

1

Car spaces

550 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $520,000–$550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $520,000–$550,000(Listing record · 24 Aug 2026)
  • FactLand 550 m²; no building size recorded.(Property record)
  • CalculationAsk is 21% below the Kennington median recorded sale ($657,250, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kennington's advertised median rent ($529/wk), implied gross yield would be 5.29% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$520,000–$550,000

Asking range · $945/m² of land

No recorded sale for this property.

Kennington at a glance

5,859

People

$657,250

Median sale

$529/wk

Median rent

4.19%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Kennington report →

Vs Kennington

-20.9%

Median sale

Suburb $657,250

+1.10 pp

Gross yield

Suburb 4.19%

Suburb median $657,250 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$520,000
Stamp Duty (Victoria)
$26,270
Transfer/Registration Fee
$1,321
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$551,291

$31,291 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Kennington's advertised median rent — not a rent for this listing.

Net yield
3.79%
Annual cashflow (pre-tax)
$-7,332
Interest cover (DSCR)
0.73
Annual rent
$27,508
Operating expenses
$7,800
Loan amount
$416,000
Annual interest
$27,040
Gross yield
5.29%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$520,000–$550,000available24 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $529/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Kennington in one glance

Kennington at a glance

5,859

People

$657,250

Median sale

$529/wk

Median rent

4.19%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Kennington report →

Keep researching

  • Why Kennington? Read the area thesis →
  • What else is on the market in Kennington →
  • Other records on Lowndes St →

Listing material

Listed by Tweed Sutherland First National

Classic 1960’s Charm in a Sought-After Kennington Location

Offering an excellent opportunity in the highly sought-after suburb of Kennington, this 1960s cream brick veneer home combines comfortable living with an exceptionally convenient location.

Featuring three bedrooms, generous living spaces and a large rear yard, this property is ideally suited to first-home buyers, families, investors or those looking to secure a home close to everything Kennington has to offer.

Step inside to a welcoming carpeted lounge featuring high ceilings, a gas heater and wall-mounted air-conditioning, providing a comfortable space to relax throughout the seasons.

Read the full description

The kitchen is equipped with gas cooking, while the three bedrooms provide flexibility for families or those requiring additional space. All three bedrooms feature cupboards for storage.

The bathroom offers a shower and single vanity, with the added convenience of a separate toilet, while the laundry includes a single trough. A gas hot water service completes the practical features of the home.

Outside, the wide driveway along the right-hand side of the property provides easy access to the single garage. The generous rear yard offers plenty of room for children and pets to play, making it a wonderful outdoor space for family enjoyment.

Adding to the appeal is the property's enviable position. You'll be within walking distance of St Therese's School, local shops and a chemist, as well as Coles on McIvor Highway and Strath Village Shopping Centre. The convenience continues with the town centre, cafes and restaurants all within walking distance.

Property Features

- Three-bedroom 1960s cream brick veneer home

- Tiled roof

- Security door to the front entrance

- Carpeted lounge with high ceilings

- Gas heating and wall-mounted air-conditioning

- Cupboard to main and second bedrooms

- Vinyl flooring and cupboard to third bedroom

- Kitchen with gas cooking

- Bathroom with shower and single vanity

- Separate toilet

- Laundry with single trough

- Gas hot water service

- Wide side driveway

- Single garage

- Generous rear yard suitable for children and pets

- Walking distance to schools, shops, shopping centres, cafes and restaurants

- Convenient access to Bendigo's town centre

A well-positioned home with plenty of potential, this is an opportunity to secure a comfortable property in one of Kennington's most convenient locations.

Council Rates: Approx. $1,800 per year

Contact Andrew Pearce on 0419 544 251 for more information.

Listing description written by Andrew Pearce, Tweed Sutherland First National — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.