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Sold on 12 Mar 2024 for $765,000

803/29 Russell Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
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Property Details for 803/29 Russell St, Essendon

803/29 Russell St, Essendon is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Essendon in the last 12 months.

Building Type
Apartment
Floor Size
78m2
Local Government
Moonee Valley
Lot/Plan
803/PS827628

Last Listing description (March 2024)

Elevate your lifestyle to new heights with this brand-new, never-before-occupied penthouse apartment in the prestigious Luminess complex, designed by leading architects for luxury, ease, and unmatched lifestyle enjoyment. Situated in an exclusive position within the building, this residence is a masterpiece of design, inspired by its vibrant local surroundings and offering unparalleled access to public transport, boutique shopping, and trendy dining options.

Step into a world of open-plan elegance, where expansive living spaces are bathed in natural light through floor-to-ceiling windows, showcasing breath taking 180-degree city views. The living area extends onto an over-sized balcony, perfect for entertaining or private enjoyment of the urban panorama.
The heart of this penthouse is its kitchen, a blend of functionality and style, featuring an island bench, stone benchtops, a stylish tile splashback, a double sink, and top-of-the-line stainless steel Bosch appliances, including an integrated dishwasher.

Both bedrooms are sanctuaries of comfort, offering loop pile carpeting, built-in robes, and direct balcony access to soak in the expansive city vistas. The bathrooms, including a master ensuite, exude luxury with full-height porcelain tiling, designer vanities, and frameless walk-through showers. A discreet euro laundry adds to the apartment's sleek functionality.
This penthouse doesn't just offer a home; it offers a lifestyle, complete with timber flooring, a split system unit for climate control, an exclusive secure ground floor car space, and two storage cages!
Located at the heart of a transportation hub, with Essendon Station, buses, and trams all within immediate reach, and surrounded by the lively streets of Russell, Buckley, Rose, and Napier, this penthouse places you at the centre of it all. Nearby Queens Park and other urban parklands offer serene escapes, making this the ultimate urban sanctuary.

Property History for 803/29 Russell St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$765,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $765,000
  • 23 Feb 2024
    Listed for Sale $775,000

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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 12,890 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:

  • 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 52 properties listed for sale, and 18 properties listed for rent in Essendon on OnTheHouse. According to CoreLogic's data, 521 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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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.