SOLD
RECENT ADVICE
Sold on 03 Dec 2024 for $485,000

2/24 Mackay Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 632m2
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Property Details for 2/24 Mackay St, Essendon

2/24 Mackay St, Essendon is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 632m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
94m2
Land Size
632m2
Local Government
Moonee Valley
Lot/Plan
2/SP27636

Last Listing description (December 2024)

Expressions of Interest

Tucked away in a peaceful Essendon pocket, this tidy apartment presents first-home appeal and an ideal investment opportunity. Fresh interiors capture plenty of natural light and the scope to update further in future. Offering immense lifestyle appeal with walk-to-everywhere convenience, it's perfectly located moments to an array of transport, parkland, shops, cafes and quality schools.

- Distinct living and dining zones

- Well-presented kitchen, with electric cooking
- Two generous bedrooms, one with built in robes
- Central bathroom/laundry, with shower over bath and storage cupboard
- Split system heating and cooling
- Undercover car space
- Situated in a quiet complex of only four units, in a sought-after street
- Walking distance to Glenbervie Station and Mt Alexander Rd trams
- Moments to parkland including Allison Park and Essendon Recreation Reserve
- Easy access to major arterials
- Ideally zoned for Strathmore Secondary College

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Property History for 2/24 Mackay St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$485,000
03 Dec 2024
Listed for Rent
$295/w
17 Jun 2021
  • 03 Dec 2024
    Sold for $485,000
  • 26 Sep 2024
    Listed for Sale $485,000
  • 11 Mar 2021
    Listed for Rent $295 / 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 12,969 properties. Over the last 5 years, Houses in Essendon have seen a 17.74% increase in median value, while Units have seen a -2.00% decrease. As at 30 November 2024:

  • The median value for Houses in Essendon is $1,835,966 while the median value for Units is $560,450.
  • Houses have a median rent of $650 while Units have a median rent of $498.
There are currently 39 properties listed for sale, and 16 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 547 properties were sold in the past 12 months in Essendon.

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