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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

Street view

Drive times

School Catchments

Property For Sale Nearby

Woodards UNIT G14, 2 GILLIES ST, $300,000 - $330,000 1 Beds - 1 Baths - 1 Parking Within 0.0 km Fletchers UNIT 55, 100 KEILOR RD, For Sale $330,000 - $360,000 1 Beds - 1 Baths - 1 Parking Within 0.1 km Nelson Alexander UNIT 67, 100 KEILOR RD, Private Sale $370,000 Beds - Baths - Parking Within 0.1 km Nelson Alexander UNIT 3, 1 SERVICE ST, EOI $1,230,000 - $1,330,000 4 Beds - 2 Baths - Parking Within 0.2 km Nelson Alexander UNIT 7, 48 KEILOR RD, Private Sale $409,000 2 Beds - 1 Baths - 1 Parking Within 0.3 km Woodards UNIT 5, 48 KEILOR RD, $390,000 - $420,000 2 Beds - 1 Baths - 1 Parking Within 0.3 km Woodards 71 BULLA RD, $880,000-$950,000 3 Beds - 2 Baths - 2 Parking Within 0.4 km Woodards UNIT 4, 12 TREADWELL RD, $585,000 2 Beds - 2 Baths - 1 Parking Within 1.1 km

Recently Sold Properties in this Area

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

Stop 48: Service Street tram

Stop 49: Essendon North Primary School tram

Stop 49: Gillies Street tram

Stop 50: Cooper Street tram

Stop 51: Bradshaw Street tram

Stop 52: Treadwell Road tram

Stop 52: Hoffmans Road

General Points of Interest

Victoria University (Sunshine Campus)

Central West Shopping Centre sport

Action Indoor Sports Stadium monument

Temperance Fountain monument

Burke and Wills Memorial prison

Parkville Youth Justice Precinct shopping

Homemaker Centre stadium

Flemington Grandstand

Central West Shopping Centre

Milleara Shopping Centre

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

Disclaimer

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

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

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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