8/21 Richardson StreetEssendon VIC 3040
Property Details for 8/21 Richardson St, Essendon
8/21 Richardson St, Essendon is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 749m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Essendon in the last 12 months.
Last Listing description (November 2024)
Positioned along one of Essendon's most blue-chip streets, this market entry or investment will reward with its walking distance access to Essendon Station, Mt Alexander Road trams and the retail and caf delights of North Essendon Village.
The first-floor apartment, in an old school boutique block, provides sun-washed lounge/dining with adjoining kitchenette containing gas stove and washing machine/dryer (no dealing with communal laundries!) A comfortable double bedroom has mirrored BIR's, ensuite bathroom (shower over tub) and cute balcony with green views.
Two split system air-conditioner units plus additional heating, engineered timber floors and off-street parking on title, complete a great little inner urban bolt hole for out-of-towners, fabulous first home opportunity or investment in a highly sought after rental area.
Property History for 8/21 Richardson St, Essendon, VIC 3040
- 04 Nov 2024Sold for $305,000
- 22 Oct 2024Listed for Sale $270,000 - $295,000
- 19 Jun 2020Sold for $317,000
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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 12,889 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.
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