Back 11 Bank St
Off Market

11 Bank St

Kangaroo Flat VIC 3555

2
1
1
438 m²
House
Last sold for $505,000
Tim RookeTim Rooke, last sold this property on 04 May 2026 after -25 days on market.

Overview

SET & FORGET INVESTMENT CHARMING HOME WITH RENTAL INCOME

This charming 2-bedroom stone home presents an outstanding opportunity for investors, currently leased to a tenant and offering immediate rental income from day one. Boasting a warm and inviting atmosphere, the home features a practical open-plan layout that seamlessly connects the kitchen and living area-ideal for comfortable everyday living. The living space is enhanced by a beautiful stone mantle, adding character and a cosy focal point. The well-equipped kitchen includes a dishwasher, gas cooktop, and electric oven, providing both convenience and functionality. A European laundry, conveniently located off the kitchen, further maximises space. The main bedroom includes a walk-in robe, while the second bedroom is fitted with a built-in robe, both offering ample storage. The central bathroom is well-appointed with both a shower and a bath, complemented by a separate toilet for added convenience. Year-round comfort is assured with ducted heating and cooling throughout the home. Externally, the property showcases a solid stone construction, offering timeless appeal, durability, and low-maintenance benefits. Outside, the home offers a well-sized yard along with a garden shed for additional storage. Secure parking adds further convenience and peace of mind. With a reliable tenant already in place, this is a fantastic set-and-forget investment in a well-established and growing location.

Features

2 bedrooms
1 bathroom
1 carspace
438 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Kangaroo Flat over the last 12 months, the estimated median property value of 11 Bank St is $497.5k.

Median value
$497.5k
Estimated value range
$290k - $720k
Median days on market
29
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kangaroo Flat. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Bank St

2026
Sold
$505,000
Private Sale/Treaty on 04 May 2026 by Tim Rooke, of PH Property
2024
Rented
Undisclosed
Leased on 07 Oct 2024 by PH Property
2023
Rented
Undisclosed
Leased on 30 Aug 2023 by PH Property

Happy sellers in Kangaroo Flat

82%
82% of sellers in Kangaroo Flat reported that their sale price either exceeded or met their price expectations.

Kangaroo Flat stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Kangaroo Flat over the last 12 months.

Local market activity for 2 bedroom houses in Kangaroo Flat

In the last 12 months, 19 two-bedroom houses similar to 11 Bank St, have been sold.

This represents a 5% decrease in two-bedroom houses sales when compared to the previous 12 months.

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