SOLD
Sold on 12 Jul 2024 for $875,000

1/45 Essex Street
Pascoe Vale VIC 3044

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 400m2
Sold By
Nelson Alexander Pascoe Vale
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Property Details for 1/45 Essex St, Pascoe Vale

1/45 Essex St, Pascoe Vale is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Pascoe Vale in the last 12 months.

Building Type
Unit
Year Built
1960
Land Size
400m2

Last Listing description (August 2024)

On a sizeable sub-divided block (approx 400sqm on the corner of Madoline St), this mid-century home delivers a lifestyle of immediate comfort and convenience along with exceptional potential to renovate, renew or possibly redevelop in the future (STCA).

Well-presented throughout, the home's current accommodation includes three bedrooms (large main) with built-in robes all serviced by a neat central bathroom. Filled with natural light, the versatile lounge flows through to the open living/dining area adjoined by a well-appointed kitchen with stainless-steel cooking appliances (900mm) and dishwasher. Other features of the home include ducted heating and split-system a/c for all-seasons enjoyment, along with an additional wood heater, alarm system and European laundry. Completing the picture is a sunny rear courtyard and private front yard with established perimeter trees, plus a lock-up garage and additional carport via remote-control rollerdoor to Madoline Street.

Bus stop around the corner on Derby Street along with the open spaces of Raeburn Reserve, it's also close to local shops and cafes, popular schools (Strathmore SC zone) and Coburg North Shopping Village, as well as easy access to Citylink.

Property History for 1/45 Essex St, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$875,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $875,000
  • 19 Jun 2024
    Listed for Sale Under Offer
  • 07 Feb 2015
    Sold for $540,000
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. It has 22 parks covering nearly 7.4% of total area. The population of Pascoe Vale in 2011 was 14,886 people. By 2016 the population was 17,038 showing a population growth of 14.5% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation. In 2011, 67.7% of the homes in Pascoe Vale were owner-occupied compared with 63.1% in 2016.

Pascoe Vale has 9,813 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 17.26% increase in median value, while Units have seen a 10.85% increase. As at 31 October 2024:

  • The median value for Houses in Pascoe Vale is $1,051,180 while the median value for Units is $640,849.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 50 properties listed for sale, and 13 properties listed for rent in Pascoe vale on OnTheHouse. According to CoreLogic's data, 525 properties were sold in the past 12 months in Pascoe vale.

Suburb Insights for Pascoe Vale 3044

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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.