5/78 Richardson Street, Essendon, VIC 3040 sold on 14 December 2024 | OnTheHouse
SOLD
Sold on 14 Dec 2024 for $525,000

5/78 Richardson Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/78 Richardson St, Essendon

5/78 Richardson St, Essendon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Essendon in the last 12 months.

Building Type
Unit
Year Built
1970
Local Government
Moonee Valley
Lot/Plan
5/LP53707

Last Listing description (July 2020)

A-Grade Lifestyle

With the health and well-being of our community being front of mind we have additional measures in place at all property inspections. Our COVID-19 conditions of entry are available for your viewing click here: https://go.aws/2Z5oMmVBig, bright and boasting an exceptional Essendon address, this warm and welcoming two bedroom ground floor apartment is carefree living at its best. Well-suited for discerning downsizers, city professional and investors, the low maintenance property is opposite Lincoln Park and within strolling distance from North Essendon Village restaurants, shops and public transport. A serene and secure rear aspect, in a well-maintained block , adds extra appeal. Additional highlights include spacious living room, opening onto a secluded, yet sunny balcony, and smartly upgraded eat-in kitchen displaying modern counter tops, loads of cabinetry, stainless steel gas hob and under bench electric oven. Flowing from a central hallway are two double bedrooms with generous built-in-robes. Along with an immaculately presented bathroom comprising modern vanity, shower, toilet and laundry zone. Includes ducted heating, storage cupboard, secure porch entry and designated undercover car space. With great proximity to cafés, many essential services, elite schools, trams, Essendon Station, airports and freeways into the CBD.

Property History for 5/78 Richardson St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$525,000
14 Dec 2024
  • 06 Jul 2020
    Sold for $522,000
  • 22 Jun 2020
    Listed for Sale Not Disclosed
  • 25 Oct 1997
    Listed for Sale Not Disclosed
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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 13,009 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 22 properties listed for sale, and 17 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 650 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.