FOR SALE
$607,500

5/21 Spencer Street
Essendon VIC 3040

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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The Best Value 3 Bedroom Property In Prime Essendon!

Newly updated in a boutique block of only 5 apartments, this surprising first floor, 3 bedroom home reveals brilliantly large dimensions almost never seen. Savouring a superb locale, it offers abundant appeal to investors and owner occupiers alike.
At the heart of the home, drenched in natural sunlight, lies a brand new entertainers kitchen with an induction cooktop, oven, built-in dishwasher, breakfast bench and a whole lot of storage! Adjacent is a well proportioned family and dining room that is more typical of a house than an apartment, and it leads to a private balcony.
Three carpeted double bedrooms host built-in robes and the position is serene. Centrally situated, the bathroom hosts a shower over bath, vanity and mirrored cabinets, plus laundry facilities and access to the separate toilet.
Enhanced by heating/air conditioning and a car space, this superbly placed apartment is poised in an esteemed locale, close to prestigious Mar Lodge, just a stroll to trams, Lincoln Park and vibrant North Essendon Village. Zoned to Essendon North Primary and Buckley Park College, it’s just a short drive to the CBD, via CityLink.
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Property Details for 5/21 Spencer St, Essendon

5/21 Spencer St, Essendon is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with BARRY PLANT KEILOR EAST.

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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 12,895 properties. Over the last 5 years, Houses in Essendon have seen a 21.21% increase in median value, while Units have seen a -3.61% decrease. As at 31 October 2024:

  • The median value for Houses in Essendon is $1,847,895 while the median value for Units is $544,365.
  • Houses have a median rent of $690 while Units have a median rent of $490.
There are currently 49 properties listed for sale, and 17 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 516 properties were sold in the past 12 months in Essendon.

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Anthony Molinaro
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