2/47 Lincoln Rd, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 136m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Essendon in the last 12 months.
Set back from the street and one of only three on the block, this single-level villa provides a low-maintenance lifestyle of immediate quality and comfort along with outstanding renovation potential - perfect for first-time buyers, investors and downsizers alike.
Filled with natural light, the impeccable interior comprises two generous bedrooms (master with WIR) both complemented by a fully-tiled two-way bathroom and European laundry with trough. Complete with high vaulted ceilings, the sizeable living room flows through to the open dining area adjoined by a neat timber-cabinet kitchen with dishwasher. Along with ducted heating and split-system a/c for all-seasons enjoyment, this impeccable villa also includes a wide courtyard with extensive paving and high fences for privacy, plus the added appeal of a lock-up garage.
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:
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