SOLD
Sold on 19 Dec 2023 for $2,700,000

1 Monica Street
Essendon VIC 3040

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 284m2
Land area: 887m2
Sold By
Christian Ianchello
Jellis Craig Moonee Valley
Christian Lonzi
Jellis Craig Moonee Valley
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Property Details for 1 Monica St, Essendon

1 Monica St, Essendon is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 887m2 and floor size of 284m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Essendon in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
284m2
Land Size
887m2
Local Government
Moonee Valley
Lot/Plan
292/LP7913

Last Listing description (February 2024)

The first new home to be built on the subdivided Mar Lodge Estate (c1929), this remarkable residence strikes a graceful balance between period elegance and contemporary luxury.

Occupying a vast parcel, a tastefully transformed interior cleverly caters for family life, with an array of living and workspaces highlighting the home's function-focus. Retaining its century-old charm, fireplaces, Baltic pine floors, and intricate ceilings adorn an inviting front section, with a fluid lower level comprising three generous bedrooms, a pair of smart bathrooms, skylit middle lounge, three concealed study stations, an under-stair office setting, and magnificent main area.

Enriched with a wood fire and vivid garden outlooks, open living and dining zones adjoin a superb kitchen boasting a class-leading Belling cooker, while a broad verandah flows into a sun-soaked entertainer's yard with a glistening pool. An expansive upstairs retreat adjoins a luxe master with walk-in robe and dual-basin ensuite, while a tranquil balcony enjoys mountain and city glimpses. With a two-car garage and driveway space for four further vehicles, standouts include heating/cooling, ceiling fans, abundant storage, NBN, a heat pump and ionic cleaning to pool, 5kw solar energy system, combined laundry/powder room, gym/workshop, and central courtyard.

Near Essendon's revered colleges, it's a short walk to peaceful parks, Keilor road shopping and dining, city trams, and North Essendon Village, with Essendon Station, freeways, Essendon DFO, and the Maribyrnong River close by.

Property History for 1 Monica St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$2,700,000
19 Dec 2023
  • 19 Dec 2023
    Sold for $2,700,000
  • 23 Oct 2023
    Listed for Sale Contact Agent
  • 26 Feb 2005
    Sold for $672,000
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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 12,909 properties. Over the last 5 years, Houses in Essendon have seen a 41.83% increase in median value, while Units have seen a 2.16% increase. As at 31 August 2024:

  • The median value for Houses in Essendon is $1,882,941 while the median value for Units is $544,943.
  • Houses have a median rent of $680 while Units have a median rent of $490.
There are currently 38 properties listed for sale, and 22 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 529 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.