702/29 Russell Street, Essendon, VIC 3040 | Property Value & History | OnTheHouse
OFF MARKET

702/29 Russell Street
Essendon VIC 3040

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 899m2
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Property Details for 702/29 Russell St, Essendon

702/29 Russell St, Essendon is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 899m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Land Size
899m2
Local Government
Moonee Valley
Lot/Plan
702/PS827628

Last Listing description (November 2024)

SALE BY SET DATE CLOSES TUESDAY 5TH NOVEMBER 2024 AT 5.00PM (UNLESS SOLD PRIOR)

Perched on the seventh floor of the esteemed Luminess building, this wide balconied apartment combines spectacular city views, from the east to the west and everywhere in between, with contemporary designer style to offer a luxurious low maintenance lifestyle. Expertly designed to maximise panoramic vistas, a chic interior showcases quality finishes of the highest calibre. Throughout open concept living, meals where banks of double glazing frame the view and slide open to reveal a huge undercover balcony. Inviting alfresco dining and entertaining opportunities against a breathtaking backdrop of sunsets and everchanging urban landscapes. The sleek modern kitchen features a host of Miele appliances, fully integrated Fisher & Paykel refrigerator, stone benches and plentiful cabinetry. Main bedroom enjoys balcony access and generous built-in-robes to a sparkling ensuite with oversized walk-in shower and stone vanity. A second bedroom, also with balcony access, is serviced by another beautiful bathroom and built-in-robes. Stylish timber floors, laundry, split-system air conditioner, secure lift/foyer/intercom entry, storage cage and two car spaces complete this sophisticated abode. Steps from Rose Street Village, shops, cafs, private schools and Essendon Station.

Property History for 702/29 Russell St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$745,000
30 Oct 2024
Listed for Rent
$750/w
23 Oct 2023
  • 30 Oct 2024
    Sold for $745,000
  • 26 Oct 2024
    Listed for Sale Under Contract
  • 20 Oct 2023
    Listed for Rent $750 / 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 13,009 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 23 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.