SOLD
Sold on 17 Jan 2024 for $536,000

116/1050 Mt Alexander Road
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
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Property Details for 116/1050 Mt Alexander Rd, Essendon

116/1050 Mt Alexander Rd, Essendon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 58m2. 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
2017
Floor Size
58m2
Local Government
Moonee Valley
Lot/Plan
116/PS735387

Last Listing description (March 2024)

This contemporary apartment presents an attractive lifestyle opportunity or a valuable addition to any high-end property portfolio. Boasting a stylish interior, an abundance of natural light, and a prime inner-urban location, it is a versatile investment. Nestled within a well-maintained building designed by the award-winning architects, Clarke Hopkins Clarke, this apartment features a meticulously presented interior comprising two bedrooms, a deluxe master ensuite, and a main bathroom.

Property History for 116/1050 Mt Alexander Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$536,000
17 Jan 2024
  • 17 Jan 2024
    Sold for $536,000
  • 13 Nov 2023
    Listed for Sale Not Disclosed
  • 10 Nov 2021
    Sold for $500,000
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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.
There are currently 51 properties listed for sale, and 17 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 526 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.