5/1 Forbes StreetEssendon VIC 3040
Property Details for 5/1 Forbes St, Essendon
5/1 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 664m2 and floor size of 56m2.
Last Listing description (March 2022)
Set on a prime, leafy Essendon street, it is less than a 5 min walk to Essendon train station, and moments from the Napier Street shopping village.
APARTMENT FEATURES
- 2 generously sized bedrooms with BIR's
- Designer kitchen with stone bench tops and electric appliances including a dishwasher
- Modern bathroom and ensuite
- European laundry
ADDITIONAL FEATURES
- Landscaped grounds
- Front and rear security entrances
- Communal BBQ area
- Reverse cycle heating/air-con
- Private balconies
- Single off-street parking space
LOCATION
- Walking distance to Essendon train station
- Walking distance to tram line 59 on Fletcher Street
- Walking distance to Napier Street shopping village
- Close proximity to Moonee Ponds and Essendon shopping precinct
- 7.8km's to Melbourne CBD
Available from the 1st of April.
Property History for 5/1 Forbes St, Essendon, VIC 3040
- 12 Mar 2022Listed for Rent $319 / week
- 25 Feb 2021Listed for Rent $319 / week
- 09 Mar 2018Listed for Rent - Price not available
Recent sales nearby
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About Essendon 3040
The size of Essendon is approximately 6.2 square kilometres. There are 20 parks, covering nearly 8.4% of the 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 13,039 properties. Over the last 5 years, Houses in Essendon have seen a -3.07% decrease in median value, while Units have seen a -3.58% decrease. As at 30 September 2026:
- The median value for Houses in Essendon is $1,830,477 while the median value for Units is $571,625.
- Houses have a median rent of $795 while Units have a median rent of $520.
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