103/1024 Mt Alexander Road, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

103/1024 Mt Alexander Road
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 40m2
Land area: 797m2
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Property Details for 103/1024 Mt Alexander Rd, Essendon

103/1024 Mt Alexander Rd, Essendon is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 797m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in September 2009.

Building Type
Unit
Year Built
2013
Floor Size
40m2
Land Size
797m2
Local Government
Moonee Valley
Lot/Plan
103/PS632688

Last Listing description (July 2023)

Presenting a remarkable opportunity, this combination of chic 2 bedroom apartment and prominent retail/office space gives flexibility to investors and owner-occupiers alike.

Boasting an oversized west-facing balcony with beautiful palm tree views, the light-filled first floor home exemplifies all that is modern, low-maintenance living. A spacious, open-plan living area is complemented by an abundance of stone-top bench space with island, plentiful storage, stainless steel Bosch appliances and stylish tiled floor. Two generous bedrooms feature large, mirrored built-in robes, while a central bathroom exudes modern elegance. Other standouts include high-end bulkhead refrigerated cooling/ducted heating throughout, European laundry, video intercom, security entry, secure garage spot and storage cage.


Connected by a private staircase with ability to lock and let out separately, the ground-floor space provides a prospect seldom found in the established, ever-popular area that is the heart of Essendon. Directly accessible through the rear of the space, an additional secure garage spot complements a truly immaculate interior, currently home to a thriving cosmetics business (leased until October). The property presents an unmatched opportunity for a professional wishing for a shopfront or office space while being within arm's reach of the comfort of home. An exceptional investment opportunity is also on offer, with potential for two individual rental incomes in a desirable, low-density block.

Mere metres from the 59 tram line and Essendon Railway Station, it's no more than a two minute walk from the area's renowned cafs, restaurants and shops, with quick and easy access to Melbourne CBD.

Property History for 103/1024 Mt Alexander Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$702,000
21 Sep 2009
Listed for Rent
$410/w
16 May 2022
  • 29 Apr 2022
    Listed for Rent $410 / week
  • 25 Jan 2021
    Listed for Sale Apartment & Shop on one title
  • 13 Mar 2020
    Listed for Rent $430 / 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 19 properties listed for sale, and 13 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 663 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.