1/2 Banchory Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Banchory Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 96m2
Land area: 197m2
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Property Details for 1/2 Banchory St, Essendon

1/2 Banchory St, Essendon is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 197m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1980
Floor Size
96m2
Land Size
197m2
Local Government
Moonee Valley
Lot/Plan
1/SP22459

Last Listing description (October 2017)

In an impeccably-maintained block, this attractive front villa delivers a rare easy-living lifestyle opportunity of privacy and convenience with its generous floorplan, quality features and exclusive Essendon location. Beyond its private brick-fenced front garden, the home's pristine interior comprises two bedrooms (large master) both with BIRs, central bathroom and separate WC, light-filled lounge through to the dining area and adjoining kitchen. Other features include gas heating and split-system a/c, full-size laundry, plus north-facing rear courtyard and lock-up garage via gated driveway. An ideal first home, blue-chip investment or value-packed downsize option in a wonderfully quiet yet central location with close proximity to local parks, public transport options, shops and cafes, as well as the area's renowned primary and secondary schools. Don't miss this one!

Property History for 1/2 Banchory St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$735,000
23 Sep 2017
Listed for Rent
$390/w
02 Feb 2011
  • 23 Sep 2017
    Sold for $735,000
  • 30 Aug 2017
    Listed for Sale $680,000 - $730,000
  • 07 Jan 2011
    Listed for Rent - Price not available
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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 13,013 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 18 properties listed for sale, and 14 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 662 properties were sold in the past 12 months in Essendon.

Suburb Insights for Essendon 3040

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Cotality Copyright and Legal Disclaimers about Property Data
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.