1/49 Spencer Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

1/49 Spencer Street
Essendon VIC 3040

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 1/49 Spencer St, Essendon

1/49 Spencer St, Essendon is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
1995
Local Government
Moonee Valley
Lot/Plan
1/RP19699

Last Listing description (October 2024)

Effortless Mar Lodge Lifestyle Opportunity

One of only a handful of sub-divided properties in the entirety of Mar Lodge, this impeccable villa (1 of 2 on the block) presents an incredibly rare and highly-desirable low-maintenance lifestyle opportunity.

More house than villa, the immaculate interior is filled with natural light comprising three bedrooms (larger master) with built-in robes all sharing a spotless bathroom with separate shower and bathtub. Further emphasizing its generous dimensions is the inclusion of a versatile living/dining room leading through to the open meals area and adjoining kitchen complete with breakfast bar and stainless-steel cooking appliances. Other highlights of the home include ducted heating, split-system a/c and delightful outdoor deck ideal for relaxing or entertaining, plus a private backyard garden to enjoy, remote-control garage and second parking space on title.

A short stroll to North Essendon Village shops, cafes and city-bound trams, it's also close to a choice of parks, popular schools (zoned for Buckley Park High) and local kinder/childcare facilities, as well as easy access to Essendon Station, DFO and Citylink.

Property History for 1/49 Spencer St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$1,100,000
19 Oct 2024
  • 19 Oct 2024
    Sold for $1,100,000
  • 23 Sep 2024
    Listed for Sale $880,000 - $950,000
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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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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.