SOLD
Sold on 01 May 2024 for $470,000

3/8 Braemar Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 79m2
Land area: 920m2
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Property Details for 3/8 Braemar St, Essendon

3/8 Braemar St, Essendon is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 920m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
79m2
Land Size
920m2
Local Government
Moonee Valley
Lot/Plan
3/RP6847

Last Listing description (May 2024)

Set at the rear and one of only six in the building, this ground-floor apartment makes an ideal first home or blue-chip investment with its impeccable presentation, abundance of natural light and heart-of-Essendon location.

Ready to move straight in - or rent straight out - the apartment's welcoming interior comprises two large bedrooms (main with built-in robes) both serviced by a spotless central bathroom. Add to this a concealed study alcove and versatile living room leading through to the separate kitchen/meals area complete with breakfast bar. Other highlights include an undercover balcony (via the living area), stylish new floors, internal laundry facilities and split-system heating/cooling for year-round comfort, plus the added appeal of an undercover parking space.

Lincoln Park at the end of the street, it's also walking distance to Mt Alexander Road trams, North Essendon Village shops and eateries, as well as easy access to local schools, Essendon Station and Citylink.

Property History for 3/8 Braemar St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$470,000
01 May 2024
Listed for Rent
$300/w
06 Apr 2022
  • 01 May 2024
    Sold for $470,000
  • 20 Feb 2024
    Listed for Sale Under Offer
  • 01 Feb 2022
    Listed for Rent $300 / 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 12,884 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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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.