109/1142 Mt Alexander RoadEssendon VIC 3040
Property Details for 109/1142 Mt Alexander Rd, Essendon
109/1142 Mt Alexander Rd, Essendon is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 2898m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (July 2016)
On offer is a guaranteed return $604 per week for a 2 bedroom, 2 Bathroom 1 car apartment at Punt Hill, The Essendon Grand.
Strictly, only for the Investor is this roomy apartment with NEW 5 YEAR Lease just agreed, commencing on the 20th February 2016.
Existing tenant, PUNT HILL has been in occupation for the past 10 years & with another Two (2) further 5 year options.
The numbers are big; $31,416 per annum, $22,618 per month or $604 per week.
The apartment itself is located on the first floor of this iconic pub of yesteryear and is currently set up as 2 separate apartments, a spacious 1 bedroom apartment with lounge area and separate 1 bedroom studio apartment. Alternatively can be leased as a 2 bedroom, 2 bathroom apartment.
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings, Euro laundry and secure basement car space.
Superb location with shops, public transport, pubs and major roads nearby.
Ideal for your own Superannuation fund.
Property History for 109/1142 Mt Alexander Rd, Essendon, VIC 3040
- 20 Jul 2017Sold for $350,000
- 07 Mar 2016Listed for Sale $420,000 to $450,000
- 15 Jul 2006Sold for $379,000
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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.
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