OFF MARKET

5/1 Royal Avenue
Essendon North VIC 3041

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 79m2
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Property Details for 5/1 Royal Ave, Essendon North

5/1 Royal Ave, Essendon North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 79m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1970
Floor Size
74m2
Land Size
79m2
Local Government
Moonee Valley
Lot/Plan
5/SP20148

Last Listing description (March 2024)

Boasting a private position away from the road and within a well-maintained, low-density complex, this immaculate two bedroom villa offers updated features, lockup and leave ease, plus an exciting lifestyle seconds to DFO shops and CBD transport. Beyond the delightful front porch lies an airy open plan tailored with hardwood floors, gas heater and air-conditioning unit. A light-filled lounge/meals adjoins a neat kitchen equipped in gas cooktop, electric oven, breakfast bar and great use of cabinetry. The full-size laundry leads to a sunny and low-maintenance courtyard; whilst back inside, sizeable bedrooms (one with BIRs) accompany the central bathroom with separate WC. There is also a designated carport space. The must have opportunity for astute starters and investors wanting an enviable address. Less than 10km (approx.) to both our renowned CBD and Melbourne airport via close by freeways. It's surrounded by Mt Alexander Road trams, Woodlands Park, Essendon North Village and quick access to iconic Queens Park and lively Puckle Street.

Property History for 5/1 Royal Ave, Essendon North, VIC 3041

A timeline of how this property has performed in the market
Last Sold
$460,000
14 Sep 2023
Listed for Rent
$330/w
20 Apr 2022
  • 14 Sep 2023
    Sold for $460,000
  • 02 Aug 2023
    Listed for Sale Undisclosed
  • 23 Feb 2023
    Listed for Sale $475,000
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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.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Essendon north on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Essendon north.

Suburb Insights for Essendon North 3041

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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.