Sold Price
- residential land
1040 Mount Alexander Road, Essendon VIC 3040
Sold $3,550,000 on 25 Oct 2023
- Distance To CBD:
8.38 km - Land Size: 876 m2
- Measure Land Size
- View School Zone
- Agency: Pennisi Real Estate - Essendon
- Floorplan Nearby Sold Price Nearby Rent Price
Stamp Duty
$196,720
*based on property value $3,550,000 for investment
Mortgage registration fee $108
Transfer fee $1,362
Stamp duty on property $195,250
Monthly Repayment
$ 15,246
*based on loan amount $2,840,000 for principal and interest
Total interest payable $2,648,464
Loan Term 30 years
Annual Interest Rate 5.00%
Comparable Sold Properties
More| Address | Type | Sold Price | ||
|---|---|---|---|---|
| 20 Jacka Street Essendon 3040 | residential land | 0 | Oct 2023 | $2,600,000 |
| 107 Spencer Street Essendon 3040 | residential land | 0 | Apr 2022 | $2,210,000 |
| 1 Glass Street Essendon 3040 | residential land | 0 | May 2021 | $1,300,000 |
| 31 Marco Polo Street Essendon 3040 | residential land | 0 | Mar 2021 | $705,000 |
| 4 William Street Essendon 3040 | residential land | 0 | Mar 2021 | $960,000 |
| 14 Cameron Road Essendon 3040 | residential land | 0 | Nov 2018 | $765,000 |
| 51 Bradshaw Street Essendon 3040 | residential land | 0 | Jun 2018 | $1,050,000 |
Comparable Rent Properties
| Address | Type | Rent Price | ||
|---|---|---|---|---|
| 409/55 Collins Street Essendon 3040 | apartment | 0 | Nov 2023 | $440 p/w |
| 15/3 Royal Avenue Essendon 3040 | studio | 0 | Dec 2022 | $260 p/w |
| 109 Bradshaw Street Essendon 3040 | townhouse | 0 | Apr 2022 | $650 p/w |
| 15/3 Royal Avenue Essendon 3040 | studio | 0 | Nov 2021 | $250 p/w |
| 1142 Mt Alexander Road Essendon 3040 | apartment | 0 | Oct 2021 | $280 p/w |
| 1142 Mt Alexander Rd Essendon 3040 | apartment | 0 | Aug 2021 | $320 p/w |
| 112/55 Collins Street Essendon 3040 | apartment | 0 | Mar 2021 | $320 p/w |
| 112/87-89 Raleigh Street Essendon 3040 | apartment | 0 | Nov 2020 | $450 p/w |
Auction History - Essendon, VIC 3040
More-
Address Price Result* 111A Primrose St N/ASP 2 1/2A Butler St N/API 3 3/322 Buckley St N/AW 2 39 Warner St $1,900,000S 4 73 Napier Cr $1,750,000VB 4 121 Roberts St N/API 4 14 Kilmartin St $1,115,000SP 2 10/82 Raleigh St $558,000SP 2 6/101-103 Glass St $525,000SP 2 46A Fletcher St $2,030,000S 4 3/61 Primrose St $615,000SP 2 3/47 Cooper St $805,000S 2 4/202 Pascoe Vale Rd $290,000SP 1 1/6 Salter St $1,208,000SP 3 3/155 Roberts St N/API 3 2/50 Bradshaw St $930,000SP 3 1/74 Albion St $760,000S 3 320A Pascoe Vale Rd N/API 3 6/183 Napier St $420,000S 2 51 Bradshaw St N/AW 4 43 Washington St N/AS 5 68A Cooper St $895,000S 2 1/372 Buckley St N/AW 3 1/30 Ballater St N/AW 2 18/50 Richardson St N/ASP 1 -
Address Price Result* 1/3 Mary St N/API 3 172 Ogilvie St N/API 6 1/209 Napier St N/AW 2 2/19 Ballater St $522,000S 2 7 Cudmore St $3,390,000SP 4 6A Flower St $2,070,000S 5 12 Collins St $2,100,000SP 4 7/949 Mt Alexander Rd $500,000VB 2 38 Nimmo St $1,386,000SP 3 2/372 Buckley St $785,000SP 2 5/5 Queen St N/API 2 4/76 Nimmo St N/AW 4 17 Laluma St $1,550,000SP 4 17 Laluma St $1,550,000SP 4 54 Fitzgerald Rd N/AS 4 39 Leslie Rd N/AW 6 92 Cooper St N/ASP 4 29 Robb St N/ASP 3 3/8 Braemar St $450,000VB 2 24 Flower St N/AS 4 6/7 Schofield St $735,000S 2 248 Buckley St N/AW 5 46 Forrester St $1,752,500S 3 55 Richardson St $2,711,000S 4 1a Nimmo St N/AS 3 36 Forrester St $2,450,000PI 5 6A Garden St $1,061,000SP 3 1/3 Flower St $581,000S 2 1/20 Violet St $1,665,000S 4 85 Bradshaw St N/AW 4
Top Sales - Unit- Last 12 months updated 27 Apr 2024
| Rank | Address | Sold Price | Type | |||
|---|---|---|---|---|---|---|
| 1 | 60 Buckley Street Essendon 3040 | $3,905,000 | unitblock | 24 | 12 | Dec 2023 |
| 2 | 11 Fletcher Street Essendon 3040 | $3,620,000 | unitblock | 18 | 12 | Nov 2023 |
| 3 | 1 -10/1040 Mount Alexander Road Essendon 3040 | $3,550,000 | unitblock | 11 | 10 | Oct 2023 |
| 4 | 1040 Mount Alexander Road Essendon 3040 | $3,550,000 | residential land | 0 | 0 | Oct 2023 |
| 5 | 20 Jacka Street Essendon 3040 | $2,600,000 | residential land | 0 | 0 | Oct 2023 |
| 6 | 2/53 Nimmo Street Essendon 3040 | $1,800,000 | townhouse | 4 | 3 | Aug 2023 |
| 7 | 3.05/1 Thorn Street Essendon 3040 | $1,650,000 | apartment | 3 | 2 | Jun 2023 |
| 8 | 17A Kendall Street Essendon 3040 | $1,538,000 | townhouse | 4 | 3 | Jun 2023 |
| 9 | 1/97 Napier Street Essendon 3040 | $1,521,258 | apartment | 3 | 2 | Dec 2023 |
| 10 | 3/1 Violet Street Essendon 3040 | $1,390,000 | townhouse | 3 | 2 | Nov 2023 |
Essendon, VIC 3040
(7.66 km to CBD)
- Median House Price: $1,850,000
- Median Unit Price: $575,000
Surrounding Suburbs
Nearby Train Stations
- 0.65 km Glenbervie Station
- 0.8 km Essendon Station
- 1.31 km Strathmore Station
Nearby Schools
- 0.34 km
St Therese's School - 0.71 km Essendon Primary School
- 0.93 km
St Columba's College Ltd - 1.12 km Resurrection House
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