403/29 Russell StreetEssendon VIC 3040
Property Details for 403/29 Russell St, Essendon
403/29 Russell St, Essendon is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 898m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
A tale of old meets new Luminess is a collection of 1 & 2-bedroom homes that honour Essendons rich heritage. Inspired by the workmanship of the suburbs red brick buildings, the architectural design embraces a rare level of craft and timelessness.
A faade of glazed brick columns, a curvilinear band of brickwork and glass walls reference the adjacent church and old buildings of Russell Street. This traditional foundation contrasts with the more contemporary material palette above, creating an elegant differentiation of form. At street level, an activated retail precinct interacts with the community along Russell Street and the surrounding area, creating a vibrant new hub for Essendon.
The Luminess interiors are designed to be liveable and adaptable; large open floorplans allow residents to shape their spaces in response to ever-evolving lifestyles. The higher-level balconies offer impressive views across Melbourne, while the lower level terraces overlook the bustling streetscape the perfect backdrop for entertaining guests on a warm evening.
Property History for 403/29 Russell St, Essendon, VIC 3040
- 17 Aug 2023Sold for $655,000
- 01 Feb 2023Listed for Sale 665000
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0About 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 12,895 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.
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