Hoffmans RoadEssendon VIC 3040
Property Details for Lot 5 Hoffmans Rd, Essendon
Lot 5 Hoffmans Rd, Essendon is a 8 bedroom, 1 bathroom Unit. The property has a land size of 941m2 and floor size of 853m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (April 2020)
UNDER CONSTRUCTION NEW ARCHITECTURALLY DESIGNED - 1 three bedroom, plus 7 two bedroom large apartments. Unique opportunity to purchase prime residential real estate for direct investment or within Self-Managed Superannuation Fund, offering substantial taxation benefits. Prime location close to shopping centres, restaurants, schools, public transport, airports, CBD, parks, recreation and sporting facilities. Luxury appointments in a gated secure environment.
Property History for Lot 5 Hoffmans Rd, Essendon, VIC 3040
- 18 Apr 2023Sold for $1,500,000
- 17 Aug 2016Listed for Sale Expressions of interest in the range of $5.8 milli
Recent sales nearby
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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 13,045 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.
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