205/1142 Mt Alexander Road, Essendon, VIC 3040 sold on 02 November 2025 | OnTheHouse
 
SOLD
Sold on 02 Nov 2025 for $405,000

205/1142 Mt Alexander Road
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 2898m2
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Property Details for 205/1142 Mt Alexander Rd, Essendon

205/1142 Mt Alexander Rd, Essendon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 2898m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
2006
Land Size
2898m2
Local Government
Moonee Valley
Lot/Plan
202/PS529302

Last Listing description (September 2019)

The Essendon Grand Punt Hill apartment complex is only for the Savvy Investor with an astonishing 8.26% RETURN
Ideal entry level buying is on offer with this 2nd floor, extra-large and beautifully presented, East Facing 1 bedroom apartment in the popular Punt Hill Essendon apartment complex.
Located on the 2nd floor and returning $23,110.20 per annum, this is a whopping $444.42 per week, or $1929.85 per month. You do the numbers this is an excellent return for a 1 bedroom apartment.

A 8.26% return on investment at a purchase of $279,500.
Punt Hill, a good long term tenant who completed their first 10 year lease and are now 2 years into their first 5 year option which commenced on the 20th February 2016.
With yearly CPI reviews and then 3 further 5 year options.
Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au
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.
No vacancy periods, No letting fees, No marketing costs & No cleaning costs. JUST INCOME.
Ideal for your own Superannuation fund.

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Property History for 205/1142 Mt Alexander Rd, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$405,000
02 Nov 2025
Listed for Rent
$475/w
01 Feb 2012
  • 02 Nov 2025
    Sold for $405,000
  • 22 Feb 2018
    Listed for Sale $308,000
  • 01 Feb 2012
    Listed 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.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 662 properties were sold in the past 12 months in Essendon.

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