OFF MARKET

1/12 Banchory Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 96m2
Land area: 920m2
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Property Details for 1/12 Banchory St, Essendon

1/12 Banchory St, Essendon is a 2 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 920m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1978
Floor Size
96m2
Land Size
920m2
Local Government
Moonee Valley
Lot/Plan
1/RP17017

Last Listing description (August 2024)

Set in a highly sought after Essendon neighbourhood, this delightful two bedroom apartment offers a value-packed lifestyle with all amenities and attractions within walking distance. Well maintained and presented, this neat and cosy residence is certain to impress with its abundance of natural light, neutral interiors and low maintenance design, making it perfect for easy living. This property comprises of a generous sized separate lounge room fitted with split system and wall heater, and large, fully equipped kitchen with electric cooktop and oven, dishwasher, and an abundance of cabinetry. Be delighted by the two sizeable bedrooms, each including built in robes, and spacious central bathroom complete with bathtub and laundry facilities, as well as separate toilet for your convenience. One on-site car park included. Only minutes away from local schools, parklands, DFO Essendon, Citylink freeway, public transport and Essendon station, as well as local shopping district on Leake St and Mt Alexander Rd, this apartment is a must to inspect. Don't miss out!

Property History for 1/12 Banchory St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$150,646
22 Nov 2017
Listed for Rent
$450/w
23 Jul 2024
  • 23 Jul 2024
    Listed for Rent $450 / week
  • 04 Oct 2018
    Listed for Rent - Price not available
  • 22 Nov 2017
    Sold for $150,646
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About Essendon 3040

The size of Essendon is approximately 6.2 square kilometres. It has 20 parks covering nearly 8.4% of total area. The population of Essendon in 2011 was 18,852 people. By 2016 the population was 20,611 showing a population growth of 9.3% in the area during that time. The predominant age group in Essendon is 20-29 years. Households in Essendon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon work in a professional occupation. In 2011, 64% of the homes in Essendon were owner-occupied compared with 60.2% in 2016.

Essendon has 12,908 properties. Over the last 5 years, Houses in Essendon have seen a 32.87% increase in median value, while Units have seen a 6.70% increase. As at 31 July 2024:

  • The median value for Houses in Essendon is $1,820,257 while the median value for Units is $557,098.
  • Houses have a median rent of $695 while Units have a median rent of $480.
There are currently 38 properties listed for sale, and 19 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 508 properties were sold in the past 12 months in Essendon.

Suburb Insights for Essendon 3040

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.