208 Keilor RoadEssendon North VIC 3041
Property Details for 208 Keilor Rd, Essendon North
208 Keilor Rd, Essendon North is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 622m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Essendon North in the last 12 months.
Last Listing description (September 2024)
A genuine rarity in a prestigious Essendon setting, this landmark offering of three distinct properties promises blank-canvas capabilities for a high-density development across a vast 1868 sqm parcel (approx.).
Each comprising three bedrooms, a bathroom, and expansive, north-east facing yard, all three houses await comprehensive renovation or a ground-up repurposing, with possibilities present to replicate neighbouring developments and craft a high-yield complex spanning numerous storeys. Its locale among Moonee Valley's most vibrant, end-product residences embraces Keilor Road's dynamic dining and retail scenes, with 59 trams travelling from the building's doorstep to major hospitals, leading universities, and Flinders Street Station. Respected schools, Buckley Park ovals, and North Essendon Village cafes, restaurants, and shops sit steps away, with the Maribyrnong River, DFO Essendon, Glenbervie Station, and CityLink close by.
*The successful purchase of this property yields the unobstructed first right to purchase both 210 and 212 Keilor Road at the same contract price agreed for 208 Keilor Road.
** All potential land uses are subject to council approval.
*** Zoning: Commercial 1 (C1Z)
Property History for 208 Keilor Rd, Essendon North, VIC 3041
- 22 Aug 2024Sold for $1,905,000
- 29 Jul 2024Listed for Sale $1,100,000 - $1,210,000
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About Essendon North 3041
The size of Essendon North is approximately 0.8 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Essendon North in 2011 was 2,287 people. By 2016 the population was 2,979 showing a population growth of 30.3% in the area during that time. The predominant age group in Essendon North is 30-39 years. Households in Essendon North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon North work in a professional occupation. In 2011, 62.1% of the homes in Essendon North were owner-occupied compared with 49.8% in 2016.
Essendon North has 2,396 properties. Over the last 5 years, Houses in Essendon North have seen a 19.16% increase in median value, while Units have seen a -1.77% decrease. As at 31 October 2024:
- The median value for Houses in Essendon North is $1,411,968 while the median value for Units is $464,170.
- Houses have a median rent of $520 while Units have a median rent of $478.
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