131 Buckley StreetEssendon VIC 3040
Property Details for 131 Buckley St, Essendon
Last Listing description (August 2014)
ART DECO ICON
One of the area???s most distinctive buildings, this solid-brick period showpiece occupies a prominent corner block presenting a blue-chip opportunity for high-end commercial investors.
??? Currently leased to a successful restaurant business
review
??? Total return (restaurant and apartment) of $98,280pa + GST
??? Two-storey floorplan and tastefully fitted interior
??? Patron dining areas and guest amenities on both levels
??? Upstairs office/apartment including lounge, bathroom, kitchen/living
area and outdoor terrace
??? Further development potential (STCA)
??? Prime position opposite Rose Street Village
??? Building size: 329sqm (approx)
Property History for 131 Buckley St, Essendon, VIC 3040
- 23 Aug 2014Sold for $1,725,000
- 26 Mar 2014Listed for Sale Not Disclosed
- 16 Feb 2012Listed 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.
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