306/294 Keilor RoadEssendon North VIC 3041
Property Details for 306/294 Keilor Rd, Essendon North
306/294 Keilor Rd, Essendon North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 2089m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (May 2026)
Positioned in the tightly held Keilor Road corridor, this well-presented two-bedroom apartment delivers an outstanding investment opportunity with immediate income and long-term growth potential.
The property is complemented by a strong rental return - a compelling proposition in Melbourne's inner-north apartment market.
A secure car space adds further appeal for renters in this high-demand location.
Investment Highlights:
Rental return: $550 per week ($2,390 pcm)
Approx. 5.4% gross yield
High-demand rental location with strong occupancy history
Low-maintenance asset ideal for portfolio scalability
Excellent access to transport, retail, and lifestyle amenity
A set-and-forget investment in a proven growth corridor strategically located within walking distance to the Keilor Road retail and dining precinct, public transport, and key lifestyle amenities, the property benefits from a broad tenant pool and consistent occupancy demand. Proximity to the CBD and major arterials further strengthens its investment credentials.
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Property History for 306/294 Keilor Rd, Essendon North, VIC 3041
- 23 Apr 2026Listed for Sale Private Sale - $530,000
- 21 Mar 2023Listed for Rent $500 / week
- 04 Sep 2016Sold for $635,000
Recent sales nearby
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0About Essendon North 3041
The size of Essendon North is approximately 0.8 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Essendon North in 2016 was 2987 people. By 2021 the population was 3071 showing a population growth of 2.8% in the area during that time. The predominant age group in Essendon North is 30-39 years. Households in Essendon North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon North work in a professional occupation.In 2021, 52.70% of the homes in Essendon North were owner-occupied compared with 49.80% in 2016.
Essendon North has 2,433 properties. Over the last 5 years, Houses in Essendon North have seen a 4.97% increase in median value, while Units have seen a -6.72% decrease. As at 30 April 2026:
- The median value for Houses in Essendon North is $1,441,315 while the median value for Units is $481,304.
- Houses have a median rent of $648 while Units have a median rent of $500.
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