5/3 Royal AvenueEssendon North VIC 3041
Property Details for 5/3 Royal Ave, Essendon North
5/3 Royal Ave, Essendon North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1397m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (September 2018)
Affordable living or blue-chip investing in a wonderfully convenient location, an excellent entry point into Essendon North. The apartment's studio-style interior comprises an open-design living, kitchen/meals area with electric oven cook top. Add to this central bathroom with separate WC, internal laundry facilities, plus the added advantage of an undercover parking space on title. Walking distance to Bulla Road buses and Mt Alexander Road trams, Woodlands Park and Essendon North Primary School, cafes and shopping precincts, easy access to Tullamarine Freeway/Citylink.
Property History for 5/3 Royal Ave, Essendon North, VIC 3041
- 25 Aug 2018Sold for $193,000
- 02 Aug 2018Listed for Sale Auction 25/08/18
- 14 May 2012Listed for Rent $190 / week
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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 2,397 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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