SOLD
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Sold on 07 Feb 2024 for $780,000

704/29 Russell Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Property Details for 704/29 Russell St, Essendon

704/29 Russell St, Essendon is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Essendon in the last 12 months.

Building Type
Apartment
Floor Size
80m2
Local Government
Moonee Valley
Lot/Plan
704/PS827628

Last Listing description (February 2024)

INSPECTION VIA APPOINTMENT

Illuminate your life with this exceptional 2 bedroom, 2 bathroom apartment designed by leading architects focused on luxurious comfort, effortless living and lifestyle bliss. Part of the esteemed Luminess complex.
An immersive residence, inspired by local surroundings, placing residents mere footsteps from trains, trams and buses, boutique stores plus trendy cafes and eateries.

Discover expansive and uninterrupted, open plan living, magnificently framed by full width, floor to ceiling glazing, unveiling sweeping city views and opening out to a huge wrap-around, terrace balcony. Overlooking all the action is a kitchen designed for everyday and entertaining moments. Appointed with engineered stone benchtops, a feature tile splashback, a double sink and stainless steel Bosch appliances including an integrated dishwasher.

Promoting restful rejuvenation, the bedrooms are elevated with loop pile carpeting, built-in robes and balcony access. Thoughtfully crafted, the bathrooms (including the master ensuite) are uncompromisingly luxe with full height, porcelain tiling, designer vanities and walk-through, frameless showers. Adding further functional style, a discrete euro laundry keeps the washing organised and out of sight.
Premium features timber flooring, a split system unit, breathtaking city views, storage cage and car space. Residents have access to a common terrace and a secure bicycle storage facility.

The Luminess lifestyle brings a multitude of amenities at your door including the bustling precincts of Russell, Buckley, Rose and Napier Streets. A transportation hub, locals have immediate access to Essendon Station along with a bus and tram network. Urban parklands are also abundant including the picturesque Queens Park.

Property History for 704/29 Russell St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$780,000
07 Feb 2024
  • 07 Feb 2024
    Sold for $780,000
  • 30 Jul 2023
    Listed for Sale Not Disclosed

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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 12,909 properties. Over the last 5 years, Houses in Essendon have seen a 41.83% increase in median value, while Units have seen a 2.16% increase. As at 31 August 2024:

  • The median value for Houses in Essendon is $1,882,941 while the median value for Units is $544,943.
  • Houses have a median rent of $680 while Units have a median rent of $490.
There are currently 38 properties listed for sale, and 22 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 529 properties were sold in the past 12 months in Essendon.

Suburb Insights for Essendon 3040

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Don Gallicchio
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Vincent Duong
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Galldon Real Estate
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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.