4/3 Forbes Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

4/3 Forbes Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 996m2
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Property Details for 4/3 Forbes St, Essendon

4/3 Forbes St, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 996m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1970
Floor Size
78m2
Land Size
996m2
Local Government
Moonee Valley
Lot/Plan
4/RP4074

Last Listing description (April 2022)

This fully renovated unit is impressively and conveniently positioned on Forbes Street. Comprising of two generous sized bedrooms, both with BIR's, master bedroom with split system, central bathroom, and integrated laundry. Presenting with a great sized living room and meals area, brand-new kitchen with quality Bosch appliances - electric cooktop, oven and dishwasher. New carpets throughout the living room and bedrooms, the bathroom comprises a large shower, plenty of storage, laundry complete with a brand-new Bosch washing machine. Split system air conditioning provides year-round comfort in both living room and main bedroom. There is a large single garage with r/c via ROW, that comes with this unit, combined with the location close to Buckley Street, transport, shopping, cafes, restaurants, parks and everything this area has to offer. This fantastic property won't last long, so be quick to inspect and immediately be impressed.

Features:

2 Large bedrooms with BIRs (1 bedroom with split system, the second bedroom with fan), brand new carpets.
Central Bathroom with integrated laundry & Bosch front loader washing machine
Large living room with split system heating and cooling
Brand new kitchen with quality all Bosch appliances - electric cooktop, oven and dishwasher
Single car garage with remote control via ROW

Property History for 4/3 Forbes St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$560,000
18 May 2021
Listed for Rent
$390/w
05 Apr 2022
  • 23 Mar 2022
    Listed for Rent $390 / week
  • 18 May 2021
    Sold for $560,000
  • 08 Oct 2012
    Transferred
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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.

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.