SOLD
Sold on 30 Jul 2024 for $400,000

3/140 Hoffmans Road
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Land area: 735m2
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Property Details for 3/140 Hoffmans Rd, Essendon

3/140 Hoffmans Rd, Essendon is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 735m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
69m2
Land Size
735m2
Local Government
Moonee Valley
Lot/Plan
3/RP9220

Last Listing description (August 2024)

Set well back from the street in a well-maintained building, this upstairs apartment makes an ideal first home or welcome addition to any property portfolio with its generous size, excellent presentation and terrific scope to further enhance.

Filled with natural light, the ready-to-enjoy interior comprises two bedrooms (large main) both with built-in robes, as well as a stylish central bathroom with shower/tub combo and separate WC. Add to this a spacious living room accessing the north-facing balcony and kitchen/meals with gas cooker, plus split-system heating/cooling, internal laundry facilities, secure foyer and off-street parking space at the rear.

A short stroll to Keilor Road trams, popular cafes, renowned restaurants and the area's thriving retail precinct, it's also close to local schools and kinder/childcare facilities, as well as easy access to the Calder Freeway.

Property History for 3/140 Hoffmans Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$400,000
30 Jul 2024
Listed for Rent
$305/w
10 Nov 2020
  • 30 Jul 2024
    Sold for $400,000
  • 09 Jul 2024
    Listed for Sale Under Offer
  • 21 Sep 2020
    Listed for Rent $360 / 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 18 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 520 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.