SOLD
Sold on 11 Jun 2024 for $525,000

Grice Crescent
Essendon VIC 3040

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 1765m2
Sold By
Frank Dowling Real Estate Essendon
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Property Details for Lot 24 Grice Cres, Essendon

Lot 24 Grice Cres, Essendon is a 2 bedroom, bathroom Unit and was built in 1975. The property has a land size of 1765m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1975
Land Size
1765m2
Local Government
Moonee Valley
Lot/Plan
24/RP6024

Property History for Lot 24 Grice Cres, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$525,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $525,000

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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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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.