313/1142 Mt Alexander RoadEssendon VIC 3040
Property Details for 313/1142 Mt Alexander Rd, Essendon
313/1142 Mt Alexander Rd, Essendon is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 2898m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Last Listing description (March 2022)
On offer is a guaranteed return of $386.14 per week for a 1 bedroom, 1 Bathroom at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy apartment, with NEW 5 YEAR Lease just agreed to & commencing on the 20th February 2021.
Existing tenant, PUNT HILL has been in occupation for the past 15 years & with another Two (2) further 5 year options.
The numbers are big for a 1 bedroom at this price point; $20,079.48 per annum, $1,673.29 per month or $386.14 per week.
The apartment itself is located on the TOP floor, at the rear of the block of this iconic pub. East Facing with morning sun.
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.
Property History for 313/1142 Mt Alexander Rd, Essendon, VIC 3040
- 17 Nov 2021Listed for Sale $280,000 - $300,000
- 29 Aug 2017Sold for $335,000
- 05 Mar 2005Sold for $345,000
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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 13,012 properties. Over the last 5 years, Houses in Essendon have seen a 21.97% increase in median value, while Units have seen a 1.05% increase. As at 31 December 2025:
- The median value for Houses in Essendon is $1,978,876 while the median value for Units is $595,880.
- Houses have a median rent of $650 while Units have a median rent of $500.
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