9 Lincoln RoadEssendon VIC 3040
Property Details for 9 Lincoln Rd, Essendon
Last Listing description (May 2024)
Prestigiously located in the heart of Essendon presents an exceptional opportunity ready to reward developers and new home owners alike looking to build that dream home in an exclusive postcode.
Set on a superb 548 sqm of prime vacant land, the choice is yours with approved town planning permit, working drawings and engineering already in place to construct 2 luxury 3 bedroom townhouses or design and create your own masterpiece.
Just 8km from the CBD, this exclusive location offers excellent proximity to vibrant Rose Street and Essendon Village for shopping and dining options, walking distance to Lincoln Park, recreational facilities, train and bus services and access to some of Melbourne's most esteemed educational institutions close by. An impressive lifestyle awaits.
Property History for 9 Lincoln Rd, Essendon, VIC 3040
- 08 Mar 2024Sold for $1,290,000
- 08 Dec 2023Listed for Sale CONTACT AGENT
- 07 Aug 2023Listed for Sale MORTGAGEE AUCTION!
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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 12,969 properties. Over the last 5 years, Houses in Essendon have seen a 17.74% increase in median value, while Units have seen a -2.00% decrease. As at 30 November 2024:
- The median value for Houses in Essendon is $1,835,966 while the median value for Units is $560,450.
- Houses have a median rent of $650 while Units have a median rent of $498.
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