1/50 Richardson StreetEssendon VIC 3040
Property Details for 1/50 Richardson St, Essendon
1/50 Richardson St, Essendon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1182m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (October 2017)
With Lincoln Park, North Essendon Village, Rose Street's boutique shops and cafes, Mt Alexander Road tram and Essendon train station just a walk away, this single bedroom apartment is certainly placed for lifestyle enjoyment. A spacious interior presents a light filled, open plan living domain appreciating a tranquil leafy outlook over a large private courtyard. A similar view enhances the double bedroom which additionally incorporates floor to ceiling built-in wardrobes and accesses a tidy bathroom with a shower over the bath. There's also electric panel heaters, an intercom and coveted off-street parking. Add to that a premium location in the heart of beautiful Essendon and strong investor, new buyer and downsizer appeal is inevitable.
Property History for 1/50 Richardson St, Essendon, VIC 3040
- 07 Oct 2017Sold for $330,500
- 08 Sep 2017Listed for Sale EPR: $300,000-$330,000
- 29 Sep 2016Listed for Rent $275 / week
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About Essendon 3040
The size of Essendon is approximately 6.2 square kilometres. There are 20 parks, covering nearly 8.4% of the 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 13,044 properties. Over the last 5 years, Houses in Essendon have seen a 7.73% increase in median value, while Units have seen a -8.86% decrease. As at 30 June 2026:
- The median value for Houses in Essendon is $1,917,796 while the median value for Units is $557,785.
- Houses have a median rent of $795 while Units have a median rent of $540.
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