113/1142 Mt Alexander Road, Essendon, VIC 3040 sold on 05 November 2025 | OnTheHouse
SOLD
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Sold on 05 Nov 2025 for $410,000

113/1142 Mt Alexander Road
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 113/1142 Mt Alexander Rd, Essendon

113/1142 Mt Alexander Rd, Essendon is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Apartment sold in Essendon in the last 12 months.

Building Type
Apartment

Last Listing description (November 2025)

On offer is a guaranteed return of $638.31 per week for a 2 bedroom, 2 Bathroom apartment with car park at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy dual key apartment, currently under a 5 YEAR Lease commencing on the 20th February 2026 & running to 2031.
Existing tenant, PUNT HILL has been in occupation for the past 19 years & with another Three (3) further 5 year options.

No vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big when compared to other local rentals, $33,192.36 per annum, $2,766.03 per month or $638.31 per week.
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.
No vacancy periods & no letting fees.
Ideal for your own Superannuation fund

NOTE - This apartment has also been recently refurbished with new carpet, fresh paint & new window furnishings, thus keeping future expenditure low.

Property History for 113/1142 Mt Alexander Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$410,000
05 Nov 2025
Listed for Rent
05 Aug 2025
  • 05 Nov 2025
    Sold for $410,000
  • 08 Aug 2025
    Listed for Sale $400,000-$419,990
  • 10 Jun 2025
    Listed for Rent $483 / week
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About Essendon 3040

The size of Essendon is approximately 6.2 square kilometres. It has 20 parks covering nearly 8.4% of total area. The population of Essendon in 2016 was 20596 people. By 2021 the population was 21240 showing a population growth of 3.1% in the area during that time. The predominant age group in Essendon is 20-29 years. Households in Essendon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Essendon work in a professional occupation.In 2021, 62.10% of the homes in Essendon were owner-occupied compared with 60.20% in 2016.

Essendon has 13,012 properties. Over the last 5 years, Houses in Essendon have seen a 21.55% increase in median value, while Units have seen a -0.84% decrease. As at 30 November 2025:

  • The median value for Houses in Essendon is $1,929,483 while the median value for Units is $582,394.
  • Houses have a median rent of $645 while Units have a median rent of $500.
There are currently 20 properties listed for sale, and 16 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 654 properties were sold in the past 12 months in Essendon.

Suburb Insights for Essendon 3040

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Ryan Pagan
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Thomas Maher
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.