Back 4/54 Sternberg Street
Off Market

4/54 Sternberg Street

Kennington VIC 3550

3
2
1
211 m²
House
Last sold for $655,000
Tim RookeTim Rooke, last sold this property on 03 March 2026 after 5 days on market.

Overview

CONVENIENT LOW MAINTENANCE LIVING ON THE EDGE OF THE CBD

Quality investment opportunities this close to the city are increasingly scarce-and that's exactly what makes this modern Kennington property stand out. Positioned moments from the Bendigo CBD and tightly held by owner-occupiers, this spacious, contemporary residence presents an exceptional chance for investors to secure a high-demand rental asset with immediate appeal. Designed for low-maintenance living, the home sits quietly in the middle of a neat, well-kept complex. Its striking façade-rendered with timber and woodland-grey accents-offers the contemporary street presence that today's renters actively seek. With an estimated rental return of approx. $540 per week, the numbers stack up for those looking to strengthen their portfolio or secure a reliable performer for buyer clients. The practical two-storey layout is ideal for a broad tenant pool, including professionals, downsizers and share households. Downstairs features a generous open-plan living/dining zone with timber flooring, split-system heating and cooling, and a modern, well-equipped kitchen. The ground-floor master bedroom-always attractive to renters-includes a walk-through robe, ensuite and split system, while internal access from the single garage and a separate laundry complete the convenient lower level. Upstairs, two additional robed bedrooms (each with split-system units), a full bathroom, and a spacious second living area with balcony access offer excellent flexibility for multi-occupant leasing or long-term tenant retention. A private, low-maintenance courtyard ensures minimal upkeep for both investor and tenant, while the secure garage with under-stair storage adds further practicality. With vacant possession available now, this property offers a true hassle-free, set-and-forget investment opportunity in a proven growth corridor near the hospital, university, and CBD.

Features

3 bedrooms
2 bathrooms
1 carspace
211 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kennington over the last 12 months, the estimated median property value of 4/54 Sternberg Street is $623.5k.

Median value
$623.5k
Estimated value range
$445k - $1.3m
Median days on market
28
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kennington. 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 4/54 Sternberg Street

2026
Sold
$655,000
Private Sale/Treaty on 03 Mar 2026 by Tim Rooke, of PH Property
2023
Rented
Undisclosed
Leased on 28 Jul 2023 by McKean McGregor
2022
Rented
Undisclosed
Leased on 17 Feb 2022 by Bendigo Real Estate

Happy sellers in Kennington

92%
92% of sellers in Kennington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Kennington over the last 12 months.

Local market activity for 3 bedroom houses in Kennington

In the last 12 months, 56 three-bedroom houses similar to 4/54 Sternberg Street, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

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