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Sold on 13 Apr 2024 for $420,000

6/183 Napier Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/183 Napier St, Essendon

6/183 Napier St, Essendon is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Essendon in the last 12 months.

Building Type
Apartment

Last Listing description (April 2024)

Nestled in the boutique charm of Essendon, this property presents an exceptional opportunity, catering to a diverse range of buyers from the eager first-time homeowner to the savvy investor seeking an entry point into the real estate market.

Boasting two generously sized bedrooms, both adorned with built-in robes, this apartment offers comfort and convenience in equal measure. The kitchen, complete with an upright stove and dishwasher, is complemented by ample cupboard space, ensuring both functionality and style. The open-plan lounge and meals area provide a versatile space for relaxation or entertaining, creating a welcoming ambiance throughout.

An updated bathroom adds a touch of modern elegance to the home, featuring split system heating and cooling for year-round comfort. Additionally, the apartment includes its own designated car space, providing hassle-free parking right at your doorstep.

Convenience is key with this property, as it is ideally situated within walking distance of Napier Park and Salmon Park, offering lush green spaces for leisurely strolls or picnics, and not far away lies Windy Hill, adding to the recreational options available for residents to enjoy. Glenbervie station provides easy access to Melbourne's CBD, making commuting a breeze. Moreover, residing within the coveted Strathmore Secondary School zone ensures access to quality education for families.

Surrounded by an array of vibrant restaurants and cafes, this locale promises a lifestyle of culinary delights and cultural experiences. Whether you're seeking relaxation, convenience, or investment potential, this property in Essendon encapsulates the essence of modern living.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 6/183 Napier St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Apr 2024
Listed for Rent
$280/w
07 Jan 2019
  • 13 Apr 2024
    Sold for $420,000
  • 18 Mar 2024
    Listed for Sale $390,000 - $420,000
  • 28 Apr 2022
    Sold for $405,000
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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 12,959 properties. Over the last 5 years, Houses in Essendon have seen a 4.67% increase in median value, while Units have seen a -7.90% decrease. As at 31 January 2025:

  • The median value for Houses in Essendon is $1,686,459 while the median value for Units is $560,377.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 37 properties listed for sale, and 13 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 542 properties were sold in the past 12 months in Essendon.

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