1-15 Emerald StreetEssendon West VIC 3040
Property Details for 1-15 Emerald St, Essendon West
1-15 Emerald St, Essendon West is a 8 bedroom, 3 bathroom Unit with 4 parking spaces. The property has a land size of 809m2.
Last Listing description (April 2026)
Sale Terms: 10% deposit with flexible settlement options of 30, 60, 90 or 120 days.
Attention creative developers! What do you say to a whopping 809sqm (approx.) opportunity in the best of Essendon West?
Centrally located in a highly connected hub, this sought after address is close to St Bernards College and PEGS, Buckley Street bus lines, numerous cafes, lush Avondale Heights parkland and the Maribyrnong River.
Currently featuring three units on one title generating around $4975 calendar monthly, the allotment also boasts an extended backyard area, with scope to create paved off-street parking or a communal garden area.
Unit 1 and 2 both feature three bedrooms, bathroom, open lounge/meals and kitchen alcoves, with Unit 3 offering separate lounge, larger kitchen/meals, two bedrooms (BIRs) and bathroom. All provide electric wall panel heating and share an external laundry room.
Theres no escaping the fact that all three will require judicious refurbishment, but the potential to create something fresh and modern offers a winning drawcard for multi-residence development or a single dream family property surrounded by inner suburban lifestyle attractions (STCA).
Property History for 1-15 Emerald St, Essendon West, VIC 3040
- 24 Mar 2026Listed for Sale Reserve Price $950,000
- 25 Sep 2015Listed for Sale FROM $785,000
- 04 Aug 2015Listed for Sale STARTING FROM $720,000
Recent sales nearby
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About Essendon West 3040
The size of Essendon West is approximately 1.0 square kilometres. It has 9 parks covering nearly 29.4% of total area. The population of Essendon West in 2016 was 1439 people. By 2021 the population was 1559 showing a population growth of 8.3% in the area during that time. The predominant age group in Essendon West is 50-59 years. Households in Essendon West are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Essendon West work in a professional occupation.In 2021, 71.60% of the homes in Essendon West were owner-occupied compared with 70.70% in 2016.
Essendon West has 802 properties. Over the last 5 years, Houses in Essendon West have seen a 14.13% increase in median value, while Units have seen a 19.85% increase. As at 30 April 2026:
- The median value for Houses in Essendon West is $1,413,351 while the median value for Units is $847,433.
- Houses have a median rent of $775 while Units have a median rent of $700.
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