502A/40 Collins Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
 
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502A/40 Collins Street
Essendon VIC 3040

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 22 Dec 2025
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Property Details for 502a/40 Collins St, Essendon

502a/40 Collins St, Essendon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Moonee Valley

Last Listing description (June 2024)

Fully Furnished Apartment

The Essentials:
Secure this stunning 1-bedroom apartment located on the 5th floor of Collins and Queens Building. Breathtaking views are highlighted by impressive urban-style architecture with an industrial feel. Galley-style designer kitchen flows into an open lounge, dining area plus balcony with floorboards in living area. Master bedroom carpeted, with built-in robes. Main bathroom with shower over bath, toilet & basin.

The Extras:
Study nook in master bedroom.

The Village:
Marvellous Melbourne trams at your doorstep, buses and trains taking you right into the heart of the CBD, North Essendon Village/ Keilor Road/ Niddrie/ Moonee Ponds shopping strips within walking distance, DFO outlet, fabulous eateries, supermarkets, banks.

The Clincher:
Security entrance from Collins Street with a secure car space on Title with storage compartment.

The Inspection:
All inspections are held in accordance with current government guidelines. If you are satisfied with the property photos, floor plan (when available) and location, please look out for our open times advertised on Tuesdays, or email leasing@pennisi.com.au to arrange an inspection.

Pennisi Real Estate Essendon wish you every success with your property hunt!

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Property History for 502a/40 Collins St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Listed for Rent
$380/w
28 Feb 2023
  • 13 May 2024
    Listed for Rent $425 / week
  • 28 Feb 2023
    Listed for Rent $380 / week
  • 28 Apr 2022
    Listed for Rent $380 / week
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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 13,013 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 18 properties listed for sale, and 14 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 662 properties were sold in the past 12 months in Essendon.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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