407/40 Collins StreetEssendon VIC 3040
Property Details for 407/40 Collins St, Essendon
407/40 Collins St, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 2822m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (April 2020)
In an enviable location with a picturesque city outlook, this 2 bedroom, one and a half bathroom QUEENS AND COLLINS apartment is sure to impress. Steps to North Essendon Village, complete with elegant finishes and modern functionality, the unit begins with a classy entrance hall (including storage) leading to an open plan living space sure to make you the envy of friends and family. A well appointed kitchen boasting stone counters, ample storage, Smeg cooking appliances and Fisher & Paykel integrated dishwasher through to an expansive private terrace with views back over Melbournes glittering CBD skyline. Both double bedrooms feature BIRs, with an ultramodern ensuite and separate powder room. Completed by heating, air conditioning, off street parking and a storage cage, its situated within moments of tempting cafes, trams, parks and shops.
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Property History for 407/40 Collins St, Essendon, VIC 3040
- 25 Mar 2020Sold for $490,000
- 23 Dec 2019Listed for Sale $470,000 to $500,000
- 27 Feb 2014Sold for $576,000
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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 13,009 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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