SOLD
Sold on 20 Apr 2024 for $520,000

7/949-953 Mt Alexander Road
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 2024m2
Sold By
Nelson Alexander Essendon
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Property Details for 7/949-953 Mt Alexander Rd, Essendon

7/949-953 Mt Alexander Rd, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2024m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
75m2
Land Size
2024m2
Local Government
Moonee Valley
Lot/Plan
7/RP11776

Last Listing description (May 2024)

A perfect entry into Essendon or blue-chip addition to any investment portfolio, this first-floor apartment is a winning choice either way with its impressive size, instant appeal and terrific renovation potential.

Corner positioned for an abundance of natural light, the home's impeccably-presented interior comprises two large bedrooms with built-in robes both serviced by a spotless central bathroom. The versatile open living/dining area sure adds to the appeal adjoined by a neat kitchen complete with breakfast bar, gas cooktop and modern dishwasher. Other highlights of the apartment include an undercover balcony (from the living area) with elevated outlook, split-system heating/cooling (x2), four additional ceiling fans and internal laundry facilities, plus an undercover parking space at the rear.

Tram stop across the road along with the open spaces of Allison Park, it's also walking distance to Essendon Station, Rose Street cafes, North Essendon Village shops and restaurants, as well as easy access to a range of schools and Citylink.

Property History for 7/949-953 Mt Alexander Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$520,000
20 Apr 2024
Listed for Rent
$320/w
02 Dec 2015
  • 20 Apr 2024
    Sold for $520,000
  • 28 Feb 2024
    Listed for Sale Under Offer
  • 02 Jul 2020
    Sold for $1
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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 12,884 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 51 properties listed for sale, and 17 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 526 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.