SOLD
Sold on 01 Nov 2023 for $690,000

2/47 Lincoln Road
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 136m2
Sold By
Natasha Flinders
NELSON ALEXANDER ESSENDON
Patrick Tilli
NELSON ALEXANDER ESSENDON
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Property Details for 2/47 Lincoln Rd, Essendon

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.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
136m2
Local Government
Moonee Valley
Lot/Plan
2/SP25719

Last Listing description (November 2023)

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.


Walking distance to Mt Alexander Road trams, Essendon Station and the open spaces of Lincon Park, it's also close to North Essendon Village shops, cafes and restaurants, as well as a range of local schools and kinder/childcare facilities.

Property History for 2/47 Lincoln Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$690,000
01 Nov 2023
Listed for Rent
$350/w
08 Jul 2020
  • 01 Nov 2023
    Sold for $690,000
  • 18 Oct 2023
    Listed for Sale Auction $630,000 - $680,000
  • 06 Apr 2020
    Listed for Rent $350 / 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 12,909 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.