7/1 Forbes Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

7/1 Forbes Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 27 Jul 2026
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Property Details for 7/1 Forbes St, Essendon

7/1 Forbes St, Essendon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970.

Building Type
Unit
Year Built
1970
Local Government
Moonee Valley

Last Listing description (May 2022)

MODERN SECOND FLOOR APARTMENT

This second floor apartment in a block of only 12 offers a spacious interior

APARTMENT FEATURES
- 2 generously sized bedrooms

- Open plan kitchen/living
- Designer kitchen with stone bench tops and high-end 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
- Large sliding glass doors opening up to your own spacious private balcony
- 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 NOW

Third floor apartment also available https://www.mcdonaldupton.com.au/property?property_id=932746

TO VIEW ALL RENTAL LISTINGS, PLEASE VISIT www.mcdonaldupton.com.au

Property History for 7/1 Forbes St, Essendon, VIC 3040

A timeline of how this property has performed in the market
  • 13 Apr 2022
    Listed for Rent - Price not available
  • 25 Aug 2021
    Listed for Rent - Price not available
  • 15 Jan 2021
    Listed for Rent $450
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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 13,044 properties. Over the last 5 years, Houses in Essendon have seen a 7.73% increase in median value, while Units have seen a -8.86% decrease. As at 30 June 2026:

  • The median value for Houses in Essendon is $1,917,796 while the median value for Units is $557,785.
  • Houses have a median rent of $795 while Units have a median rent of $540.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 674 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.