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Unit 220,
2 GILLIES STREET Essendon North VIC 3041

This property is Off Market

All about Essendon North Homes for sale in Essendon North


  • The Average property price in this area is $1,605,028, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 7.62 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Essendon - Aberfeldie

With an average age of 32, households expect an average monthly mortgage payment of $1,215 or a weekly rent payment of $350. The average family earns a weekly income of $1,875 with a typical household size of 1.6 and a 93.85% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Essendon North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Essendon North classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Essendon North requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 2565 asthma sufferers and 1111 people living with diabetes. In addition, 1253 people have a heart/vascular condition and 1982 people live with three or more chronic diseases.

A good place to invest in property?

Essendon - Aberfeldie a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

74 / 100

52 / 100

Industry

54 / 100

17 / 100

Population

85 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

65 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Essendon North Primary School Buckley Park College
  • Strathmore Primary School

    Strathmore, VIC, 3041 State Prep-6

  • St Vincent de Paul's School

    Strathmore, VIC, 3041 Independent Prep-6

  • St Therese's School

    Essendon, VIC, 3040 Independent Prep-6

  • Our Lady of the Nativity School

    Aberfeldie, VIC, 3040 Independent Prep-6

  • Rosehill Secondary College

    Niddrie, VIC, 3042 State 7-12

  • St John Bosco's School

    Niddrie, VIC, 3042 Independent Prep-6

  • Ave Maria College

    Aberfeldie, VIC, 3040 Independent 7-12

  • Essendon North Primary School

    Essendon North, VIC, 3041 State Prep-6

  • Buckley Park College

    Essendon, VIC, 3040 State 7-12

  • Resurrection House

    Essendon, VIC, 3040 Independent Prep-6


Property Story

Unit 220, 2 Gillies Street, Essendon North, Vic, 3041 is a residential property . The estimated distance to the sea is 7.62km and at least 2.3KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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