OFF MARKET

411/40 Collins Street
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
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Property Details for 411/40 Collins St, Essendon

411/40 Collins St, Essendon is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2015
Floor Size
52m2
Local Government
Moonee Valley
Lot/Plan
411A/PS718101

Last Listing description (December 2021)

VENDOR MUST SELL & HAS REQUESTED OFFERS

Combining a bright and quality fitout, low-maintenance lifestyle & a second to none location, this Collins & Queens apartment is a must-see for first-time buyers and blue-chip investors alike. High up on the fourth floor and filled with natural light, the apartment's open-design interior includes a stone-top kitchen with soft-close drawers and concealed fridge space, Smeg cooking appliances and Fisher & Paykel integrated dishwasher and living/dining area leading out to a sunny terrace with views over Melbournes city skyline. The larger than usual double bedroom is fit with built in robes and awash with natural light. Additions of a European laundry, split-system heating and cooling, study nook, double-glazed windows, video intercom, plus secure entry foyer and residents' rooftop courtyard ensure all the boxes are ticked. Stroll to North Essendon Village shops and supermarkets, cafes and restaurants, Woodlands Park, trams to the CBD, as well as easy access to Citylink.

Property History for 411/40 Collins St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$285,000
25 Nov 2021
  • 25 Nov 2021
    Sold for $285,000
  • 08 Oct 2021
    Listed for Sale $285,000 - $300,000
  • 17 Jun 2021
    Sold for $284,000
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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 12,908 properties. Over the last 5 years, Houses in Essendon have seen a 32.87% increase in median value, while Units have seen a 6.70% increase. As at 31 July 2024:

  • The median value for Houses in Essendon is $1,820,257 while the median value for Units is $557,098.
  • Houses have a median rent of $695 while Units have a median rent of $480.
There are currently 38 properties listed for sale, and 19 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 506 properties were sold in the past 12 months in Essendon.

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