7/31 Raleigh St, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 805m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.
Perfect for first-time buyers and savvy investors alike, this first-floor apartment (1 of 13) is a winning choice either way with its instant appeal, abundance of light and further value-adding potential - all in an exclusive Windy Hill neighbourhood.
Excellent presentation throughout, the ready-to-enjoy interior comprises a double bedroom with built-in robes complemented by a neat ensuite bathroom with shower/tub combo. Add to this a central living/meals area through to the updated kitchen with modern gas cooker, plus split-system heating/cooling, secure foyer with intercom, residents' laundry facilities and off-street parking space at the rear.
Walking distance to Fletcher Street trams, Essendon Station, Napier Street shops and eateries, it's also close to Windy Hill Fitness Centre, local parks and Moonee Ponds Creek Trail, as well as easy access to Citylink.
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 12,890 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:
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