SOLD
Sold on 27 Jan 2024 for $700,000

1/24 Wright Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 873m2
Sold By
John Morello
Jellis Craig Moonee Valley
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Property Details for 1/24 Wright St, Essendon

1/24 Wright St, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 873m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
84m2
Land Size
873m2
Local Government
Moonee Valley
Lot/Plan
1/RP3407

Last Listing description (February 2024)

This impeccably presented and spacious 2BR villa will appeal to 1st Home buyers, Downsizers or Retirees. In a quiet leafy cul-de-sac with Salmon Reserve at the end of the street, this fully renovated villa (1 of only 4) presents a ready-to-enjoy lifestyle or blue chip investment opportunity.

Filled with natural light, the home's impeccable interior comprises a large master bedroom with WIR and second bedroom with BIRs both serviced by a sleek central bathroom with stone-top vanity and floor-to-ceiling tiles. Adding to the appeal is a versatile open-plan living/meals area accompanied by a superb new kitchen complete with breakfast bar, soft-close drawers, quality cooking appliances and Miele dishwasher. Other fine features of this vibrant villa include split-system heating/cooling, ceiling fans to both bedrooms, efficient LED downlights and European laundry. Plus a secluded fully decked courtyard. With a Lock-up garage on title plus an additional off street car parking area.

Perfectly positioned only 7km from the CBD, it is also walking distance to Napier Street buses, Glenbervie Station and the open spaces of Woodlands Park, as well as easy access to Mt Alexander Road trams, North Essendon Village shops and eateries. And with your own Gardener included in the body Corp, this property really is the Lowest of all low maintenance!

Property History for 1/24 Wright St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$700,000
27 Jan 2024
Listed for Rent
$535/w
07 Feb 2023
  • 27 Jan 2024
    Sold for $700,000
  • 15 Dec 2023
    Listed for Sale Contact Agent
  • 24 Jan 2023
    Listed for Rent $535 / week
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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 12,890 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 52 properties listed for sale, and 18 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 521 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.