307 Keilor RoadEssendon VIC 3040
Property Details for 307 Keilor Rd, Essendon
Last Listing description (October 2023)
An exceptional opportunity to secure a brilliant investment property and or future mixed-use development in Essendon, located only 10 kilometres approx. from the Melbourne CBD.
The tram stops at your doorstep leading you in every direction of Melbourne, cafes, restaurants, shops, medical, chemists, supermarkets, and many major retailers all along the Keilor Road strip. Only a 7 min drive to Essendon DFO, Essendon Fields Shopping Centre, Essendon Airport, Essendon Grammar and 10 min to Melbourne Airport.
Current Lease $80,000 plus GST
Land size is 317m2.
The Building:
Ground Floor - 160 m2 approx.
First Floor - 120 m2 approx.
Total - 280 m2 approx.
Home Presents; Four huge bedrooms (Offices), living room or large office, reverse cycle split system
shower/ two toilets, Modern kitchen with stainless appliances, single lock up garage and a storeroom.
The building has 1 tenant occupying the residence and also the shopfront which is being used as formal dress retail sales and alterations.
Property History for 307 Keilor Rd, Essendon, VIC 3040
- 02 Dec 2025Sold for $1,450,000
- 23 Jun 2023Listed for Sale $1,550,000 to $1,650,000
- 17 Oct 2022Listed for Sale Contact Agent
Recent sales nearby
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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 13,008 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.
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