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Sold on 04 Nov 2024 - Price Unavailable

5/31 Raleigh Street
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 805m2
Sold By
Woodards Essendon
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Property Details for 5/31 Raleigh St, Essendon

5/31 Raleigh St, Essendon is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 805m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
42m2
Land Size
805m2
Local Government
Moonee Valley
Lot/Plan
5/SP34756

Last Listing description (November 2024)

Perfect for first-time buyers and educated investor, this generous apartment (one of 13) stands out with its instant charm, bright interior with beautiful natural light and potential for further value adding in the desirable Windy Hill neighborhood. Immaculately presented, the apartment boasts a spacious double bedroom with built-in robes, complemented by a generous central bathroom featuring a shower/bath combo. The open-plan living and dining area flows seamlessly from an updated kitchen with gas cooker. Additional features include a secure entry with intercom, communal laundry facilities, and a dedicated off-street parking space at the rear. Enjoy the prime location, within walking distance of Fletcher Street trams, Essendon Station, Napier Street's vibrant shops and cafes, Windy Hill Fitness Centre, nearby parks, and the Moonee Ponds Creek Trail, with easy access to Citylink and other major arterials.

Property History for 5/31 Raleigh St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
04 Nov 2024
  • 04 Nov 2024
    Sold
  • 04 Sep 2024
    Listed for Sale Not Disclosed
  • 13 May 2000
    Sold for $107,000
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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 12,889 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 50 properties listed for sale, and 19 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 522 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.