SOLD
Sold on 08 Mar 2024 for $1,290,000

9 Lincoln Road
Essendon VIC 3040

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 270m2
Land area: 548m2
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Property Details for 9 Lincoln Rd, Essendon

Building Type
Land
Year Built
2024
Floor Size
270m2
Land Size
548m2
Local Government
Moonee Valley
Lot/Plan
1/TP104178

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

A timeline of how this property has performed in the market
Last Sold
$1,290,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $1,290,000
  • 08 Dec 2023
    Listed for Sale CONTACT AGENT
  • 07 Aug 2023
    Listed 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 12,890 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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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.