16/32 Richardson Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

16/32 Richardson Street
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 1012m2
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Last updated 13 Apr 2026
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Property Details for 16/32 Richardson St, Essendon

16/32 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 1012m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
1970
Floor Size
42m2
Land Size
1012m2
Local Government
Moonee Valley
Lot/Plan
16/SP29560

Last Listing description (October 2018)

This beautifully presented top floor apartment ticks all the boxes for first homebuyers and blue-chip investors.
It comprises of a renovated open plan living/dining area adjoined to the updated kitchen complete with stone bench tops and stainless-steel appliances. The double bedroom with BIR's is well serviced by the fully tiled separate bathroom containing toilet and double shower. Featuring polished timber floors throughout, car space and split system heating and cooling, the property is well located between
North Essendon Village and Rose St Shops, and only minutes to cafes, trams, buses and Essendon Station.

Currently leased on a fixed term tenancy returning $300 per week, expiry 17th November 2018.

Property History for 16/32 Richardson St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$306,000
26 Sep 2018
Listed for Rent
$300/w
09 Nov 2017
  • 26 Sep 2018
    Sold for $306,000
  • 28 Aug 2018
    Listed for Sale $310,000
  • 24 Oct 2017
    Listed for Rent $300 / 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 13,015 properties. Over the last 5 years, Houses in Essendon have seen a 15.14% increase in median value, while Units have seen a -1.22% decrease. As at 31 March 2026:

  • The median value for Houses in Essendon is $1,942,598 while the median value for Units is $592,532.
  • Houses have a median rent of $795 while Units have a median rent of $528.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 644 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.