1/78 Richardson StreetEssendon VIC 3040
Property Details for 1/78 Richardson St, Essendon
1/78 Richardson St, Essendon is a 2 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 1251m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Essendon in the last 12 months.
Last Listing description (April 2024)
Magnificently placed opposite the lush and relaxing environs of Lincoln Park, this generously proportioned ground-floor gem offers scope to modernise for quiet ease and comfort, capitalise on an investors market, or downsize seconds from the thriving North Essendon Village. Exceedingly easy to maintain, a simple-yetspacious interior sees a pair of substantial bedrooms accompanied by impressive storage, while a tidy bathroom features laundry facilities and an individual bath shower. A sizeable lounge offers a wall heater and plentiful room to unwind, while an adjacent kitchen features ample cabinetry, a gas-top cooker, and integrated meals area. Nestled in a leafy suburban setting loved for its high-performing schools, scattered parks, and caf culture, the homes just steps from Keilor Road shopping and dining, city-bound 59 trams, and Glenbervie Station, with Essendon DFO, CityLink, and the Maribyrnong River just moments away.
Property History for 1/78 Richardson St, Essendon, VIC 3040
- 07 Dec 2023Sold for $375,000
- 13 Nov 2023Listed for Sale Under Offer by Anthony Elliott
- 28 Jun 1994Sold for $86,000
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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 12,884 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.
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