SOLD
Sold on 13 Jul 2024 for $620,000

5/42 Richardson Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 2215m2
Sold By
Nelson Alexander Essendon
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Property Details for 5/42 Richardson St, Essendon

5/42 Richardson St, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2215m2 and floor size of 91m2. 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
1970
Floor Size
91m2
Land Size
2215m2
Local Government
Moonee Valley
Lot/Plan
5/RP1403

Last Listing description (July 2024)

Unique in so many wonderful ways, this upstairs villa delivers an exceptional low-maintenance lifestyle with its generous dimensions, quality enhancements and dual outdoor spaces - all in one of Essendon's most exclusive streetscapes.

Featuring an elevated neighbourhood outlook from nearly every window, the home's light-filled interior comprises two sizeable bedrooms (main with built-in robes) serviced by a stylish central bathroom and separate WC - both fully-tiled. Further emphasizing its terrific design is the inclusion of a spacious front living room and contemporary kitchen/meals area with stone benchtops, soft-close drawers, stainless-steel cooking appliances and Asko dishwasher. Other highlights of this impressive abode include split-system heating/cooling for year-round comfort, along with engineered timber floors, remote-control external blinds, full-size laundry and adjoining utility/storeroom. Completing the picture is a large terrace ideal for relaxing or entertaining, plus the added appeal of a rear courtyard and lock-up single garage.

A short stroll to Mt Alexander Road trams, Lincoln Park, village shops, cafes and restaurants, it's also close to Essendon Station, local schools and kinder/childcare facilities, as well as easy access to Citylink.

Property History for 5/42 Richardson St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$620,000
13 Jul 2024
Listed for Rent
$420/w
21 Jul 2022
  • 13 Jul 2024
    Sold for $620,000
  • 24 Jun 2024
    Listed for Sale Auction $550,000 - $600,000
  • 16 Jun 2022
    Listed for Rent $420 / 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 12,889 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.