202/1142 Mt Alexander RoadEssendon VIC 3040
Property Details for 202/1142 Mt Alexander Rd, Essendon
202/1142 Mt Alexander Rd, Essendon is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Apartment sold in Essendon in the last 12 months.
Last Listing description (November 2025)
On offer is a guaranteed return of $660.33 per week for a 2 bedroom, 2 Bathroom apartment with car park at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy dual key apartment, currently under a 5 YEAR Lease commencing on the 20th February 2026 & running to 2031.
The existing tenant, PUNT HILL has been in occupation for the past 19 years & with another Three (3) further 5 year options.
The are NO vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big when compared to other local rentals, $34,337.28 per annum, $2,861.44 per month or $6660.33 per week.
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.
Ideal for your own Superannuation fund NOTE - This apartment has also been recently refurbished with new carpet, fresh paint & new window furnishings, thus keeping future expenditure low.
Property History for 202/1142 Mt Alexander Rd, Essendon, VIC 3040
- 06 Nov 2025Sold for $405,000
- 19 Sep 2025Listed for Sale $410,000
- 14 Sep 2018Sold for $292,500
Recent sales nearby
See more recent sales nearby/assets/perm/jcxgowtuwmi6zasn3whbl2vqxy?signature=f6faad920f499bb8e8fc01fdc01df3f87b7db61186c97fbe070c1b4cdccaff34){kind=logo}
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0About 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 13,008 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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