SOLD
Sold on 20 Jul 2024 for $295,000

16/50 Richardson Street
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 1182m2
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Jellis Craig Essendon
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Property Details for 16/50 Richardson St, Essendon

16/50 Richardson St, Essendon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1182m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
43m2
Land Size
1182m2
Local Government
Moonee Valley
Lot/Plan
16/RP17344

Last Listing description (August 2024)

Nestled on Richardson Street, this stylish one-bedroom apartment offers refined living in Essendon. The open-plan lounge and meals area is flooded with natural light, creating a warm ambiance for relaxation and entertainment. With recent updates, including modern fixtures and fittings, this residence seamlessly blends contemporary comfort with timeless charm.

The generously sized bedroom features built-in robes for convenience, providing ample storage space without compromising on style. Security is paramount with intercom entry and off-street parking, ensuring peace of mind for residents.

Outside, lush green parks offer a serene escape, providing a refreshing backdrop for leisurely strolls or morning jogs. North Essendon Village, with its array of charming cafes and boutique shops, is just moments away, inviting residents to indulge in the vibrant local culture.

Convenient tram and train access make city exploration effortless, offering residents the opportunity to immerse themselves in Melbourne's cosmopolitan delights. Experience modern living at its finest in the heart of Essendon at 16/50 Richardson Street.

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Property History for 16/50 Richardson St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$295,000
20 Jul 2024
Listed for Rent
$340/w
04 Jan 2023
  • 20 Jul 2024
    Sold for $295,000
  • 30 Apr 2024
    Listed for Sale Not Disclosed
  • 09 Dec 2022
    Listed for Rent $340 / 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.

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