5/56 Nicholson Street, Essendon, VIC 3040 sold on 14 May 2026 | OnTheHouse
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Sold on 14 May 2026 for $400,000

5/56 Nicholson Street
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1719m2
Sold By
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FRANK DOWLING RENTAL PTY LTD
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Property Details for 5/56 Nicholson St, Essendon

5/56 Nicholson St, Essendon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1719m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
55m2
Land Size
1719m2
Local Government
Moonee Valley
Lot/Plan
27/PS447704

Last Listing description (May 2026)

Expressions of Interest closing 12:00pm Tuesday 2 June 2026 (unless sold prior).One of only a handful in its boutique block where maintenance is meticulous and community is forefront, this turnkey gem proves as attractive an investment as a first home or professional's retreat, directly opposite the green expanses of Windy Hill.Staged by a quiet, leafy cul-de-sac and electric-gated security entrance, the home is a true standout in every respect. Sun streams in from the north to cover a wide-open living/dining domain, stepping out to a balcony great for an evening drink taking in greenery and sunset colours. Modern Smeg and Fisher & Paykel appliances mean a separate kitchen takes entertaining in its stride, while views of the oval, a built-in robe and ensuite/laundry all enhance a sizeable bedroom. Hardwood floors, reverse-cycle heating/cooling, intercom entry, and a secure car space all add to the appeal, while a prestige position places the best of Essendon within footsteps.Essendon Primary and PEGS Junior Boys, Essendon and Glenbervie Stations, the 59 Tram and cafs, restaurants, bars and boutiques across Napier, Fletcher and Rose Streets are all just metres away, while North Essendon Village, vibrant Puckle Street, tranquil Queens Park, St Monica's Primary and zoned Strathmore Secondary College sit nearby.

Property History for 5/56 Nicholson St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$400,000
14 May 2026
Listed for Rent
$295/w
18 Sep 2015
  • 14 May 2026
    Sold for $400,000
  • 03 May 2026
    Listed for Sale EOI $350,000 - $385,000
  • 16 Oct 2017
    Sold for $331,500
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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 13,007 properties. Over the last 5 years, Houses in Essendon have seen a 6.79% increase in median value, while Units have seen a -5.99% decrease. As at 30 April 2026:

  • The median value for Houses in Essendon is $1,839,105 while the median value for Units is $574,644.
  • Houses have a median rent of $793 while Units have a median rent of $530.
There are currently 20 properties listed for sale, and 12 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 657 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.