SOLD
RECENT ADVICE
Sold on 16 Feb 2024 for $505,000

214/87-89 Raleigh Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 214/87-89 Raleigh St, Essendon

214/87-89 Raleigh St, Essendon is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Essendon in the last 12 months.

Building Type
Apartment

Last Listing description (February 2024)

Set back in a boutique development at the end of a residential cul-de-sac, this bright second-floor apartment is beautifully positioned in the heart of Essendon. Steps from Windy Hill, PEGS, trains, trams and abundant retail, it delivers modern convenience and an easy local lifestyle.

Tucked away in a secluded spot, the two-bedroom residence features a flexible open living area, which flows out to a generous covered balcony with North-west-facing aspect.

Two bedrooms boast mirrored BIR, with the primary bedroom adjoining a private shower ensuite. The kitchen is home to stone topped benches with breakfast bar seating, and the stylish central bathroom finds a pristine shower. Further highlights include Euro laundry, split-system heating/cooling throughout, and secure off-street parking space on title.

The prime Essendon locale finds Windy Hill, Essendon station, the 59 tram, cafés, restaurants, shops, parks, playgrounds, PEGS and so much more right by your door. Abundant retail options at Essendon Fields and Moonee Ponds Central are each just a short trip away.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 214/87-89 Raleigh St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$505,000
16 Feb 2024
Listed for Rent
$490/w
12 May 2023
  • 16 Feb 2024
    Sold for $505,000
  • 09 Oct 2023
    Listed for Sale Not Disclosed
  • 29 Mar 2023
    Listed for Rent - Price not available
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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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Brad Airs
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Woodards Ascot Vale
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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.