7 Prospect StreetEssendon West VIC 3040
Property Details for 7 Prospect St, Essendon West
7 Prospect St, Essendon West is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 859m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2022)
*This property is open for inspection. In accordance with Victorian Government requirements, only fully vaccinated people will be able to attend the open for inspection for this property. If you are not fully vaccinated, please contact the agent to inspect privately.
In a leafy cul-de-sac virtually surrounded by parkland, this property provides amazing options for home buyers, investors, and developers alike to take advantage of their riverside proximity and capture spectacular city views. Backing onto reserve with an outlook that will never be built out, this property has general residential zoning (R1Z) and boasts land size of approximately 859sqm. From an investment perspective, the property includes two separate single-level dwellings, one being a three-bedroom home and the rear is a two-bedroom villa unit. Add to this the lifestyle and location aspects of these properties which are second to none offering instant access to Afton Street Conservation Park and Maribyrnong River Trail (all the way to the CBD), as well as close proximity to the district's finest schools, Buckley Street buses, local cafes and popular shopping precincts.
Property History for 7 Prospect St, Essendon West, VIC 3040
- 03 Dec 2021Sold for $1,475,000
- 07 Oct 2021Listed for Sale $1,150,000 - $1,250,000
- 04 Sep 2017Listed for Rent $395 / week
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 804 properties. Over the last 5 years, Houses in Essendon West have seen a 21.52% increase in median value, while Units have seen a 30.04% increase. As at 31 December 2025:
- The median value for Houses in Essendon West is $1,361,560 while the median value for Units is $868,407.
- Houses have a median rent of $760 while Units have a median rent of $695.
Suburb Insights for Essendon West 3040
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