SOLD
RECENT ADVICE
Sold on 19 Oct 2024 for $1,100,000

1/49 Spencer Street
Essendon VIC 3040

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 867m2
Sold By
Jellis Craig Moonee Valley
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Property Details for 1/49 Spencer St, Essendon

1/49 Spencer St, Essendon is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 867m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
119m2
Land Size
867m2
Local Government
Moonee Valley
Lot/Plan
1/RP19699

Last Listing description (October 2024)

One of only a handful of sub-divided properties in the entirety of Mar Lodge, this impeccable villa (1 of 2 on the block) presents an incredibly rare and highly-desirable low-maintenance lifestyle opportunity.

More house than villa, the immaculate interior is filled with natural light comprising three bedrooms (larger master) with built-in robes all sharing a spotless bathroom with separate shower and bathtub. Further emphasizing its generous dimensions is the inclusion of a versatile living/dining room leading through to the open meals area and adjoining kitchen complete with breakfast bar and stainless-steel cooking appliances. Other highlights of the home include ducted heating, split-system a/c and delightful outdoor deck ideal for relaxing or entertaining, plus a private backyard garden to enjoy, remote-control garage and second parking space on title.

A short stroll to North Essendon Village shops, cafes and city-bound trams, it's also close to a choice of parks, popular schools (zoned for Buckley Park High) and local kinder/childcare facilities, as well as easy access to Essendon Station, DFO and Citylink.

Property History for 1/49 Spencer St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$1,100,000
19 Oct 2024
  • 19 Oct 2024
    Sold for $1,100,000
  • 23 Sep 2024
    Listed for Sale $880,000 - $950,000
  • 21 May 1996
    Sold for $165,000

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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.