42 Elder ParadeEssendon VIC 3040
Property Details for 42 Elder Pde, Essendon
Last Listing description (April 2025)
Perfectly positioned to bring dreams into reality and deliver a brilliant lifestyle for many years to come, this beautifully proportioned allotment (approximately 517m2) is ready to realise something special. A picture of promise with street frontage of over 15 metres and plenty of land to play with, it's tucked in a coveted locale. Inviting development and/or the creation of a sublime new family base with the flow and features you've always wanted, all subject to relevant approvals, the scope is superb. Appreciate close proximity to a wide selection of outstanding schools, including St Columba's College, Lowther Hall, Penleigh & Essendon Grammar and more, setting the scene for success. Everything from buses to trams, trains, vibrant North Essendon Village and parks is easy to reach, plus there's the convenience of nearby freeway and CityLink access for quick commutes.
Property History for 42 Elder Pde, Essendon, VIC 3040
- 25 Oct 2025Sold for $1,721,000
- 15 Feb 2025Sold for $1,560,000
- 20 Jan 2025Listed for Sale Undisclosed
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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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