36 Royal AvenueEssendon North VIC 3041
Property Details for 36 Royal Ave, Essendon North
36 Royal Ave, Essendon North is a 8 bedroom, 4 bathroom House. The property has a land size of 1175m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (October 2024)
Its surrounds adored for their family atmosphere immediacy to lifestyle attractions, this truly rare combination of three distinct residences and a vast 1174sqm (approx.) land holding offers a range of investment and multi-dwelling possibilities.
With the option to immediately rent out and attract three separate passive incomes, the expansive parcel sees two standalone homes complement the original c1936 Californian Bungalow, extended c1980 and enjoyed by the same family ever since. A pair of large, lower bedrooms are accompanied by a quiet lounge, open family/dining area, and kitchen relishing vivid garden outlooks, while a sun-soaked second storey sees two scenic balconies flank a substantial studio/third bedroom with bathroom.
Large-block rarity (1174sqm approx.) with three distinct residences
Three-bedroom front home, two-bedroom middle unit, and three-bedroom rear residence
Heating/cooling, a storage-rich kitchen, full-size laundry, and living area to each
Steps to DFO, Keilor Road, North Essendon Village, schools, parks, and city trams
Centred around the block's lush yard, a two-bedroom middle unit and three-bedroom back residence promise instant comfort for tenants or visiting family. With reverse-cycle heating/cooling, a storage-rich kitchen, full-size laundry, and considerable living/dining area enhancing each home, opportunity exists to replicate countless developments in its vicinity, with a 19.8m frontage and 60.6m depth offering ample room for several luxury townhomes.*
Its array of potential uses seldom seen in exclusive Essendon North, the large-block rarity sits a short stroll from DFO, North Essendon, and Keilor Road shops, cafs, and restaurants, city-bound trams, numerous buses, and Woodlands Park, with Buckley Park ovals, revered schools, and CityLink all close by.
* All potential uses of the parcel and/or dwellings are subject to council approval.
Property History for 36 Royal Ave, Essendon North, VIC 3041
- 30 Oct 2024Sold for $1,760,000
- 08 Oct 2024Listed for Sale $1,600,000 - $1,750,000
- 17 May 2024Listed for Sale Not Disclosed
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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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