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Essendon, a suburb of Melbourne, is one of the most sought-after locations in Australia with its enchanting surroundings, bustling shopping district, and proximity to the city. Here, you'll find all the information you need before buying new Essendon apartments.
When it comes to searching for apartments for sale in Essendon, you will find a unique combination of luxury, comfort, and convenience. Whether you're looking for a spacious one-bedroom apartment or a modern two-bedroom unit, all the listed Essendon apartments for sale will ensure you find the perfect home within.
Most of the apartments for sale in Essendon have a natural light-filled home that features a double bedroom and ensuite bathroom with high-quality finishes, spacious layouts, and modern amenities. The kitchen adjoins the open-plan living and dining spaces with a breakfast bar and original cooking appliances perfect for social and family in mind.
With various styles and sizes to choose from, Essendon apartments for sale are designed to provide the ultimate comfort and style. Spacious balconies and floor-to-ceiling windows make the most of the uninterrupted city views suitable for families with kids, singles and professionals.
Off the plan apartments for sale in Essendon are accompanied by a thriving residential area that offers a mix of old-world charm and modern conveniences. Off the plan apartments for sale in Essendon is a popular choice as they provide the latest design and technology. With various styles and sizes to choose from, Essendon apartments for sale are designed to provide the ultimate comfort and style.
Thoughtfully created homes with an accessible location
One of the standout features of Essendon is its proximity to the city. Despite its suburban location, all apartments for sale in Essendon are accessible by tram, train and bus within minutes from the heart of Melbourne. Easy access to the Airport is perfect for all travellers, and CBD is only 12 km away. This makes living in new Essendon apartments an ideal place for those who want to enjoy the best of both worlds, the peace and quiet of suburban life combined with the convenience and excitement of city living.
Step out of the serenity of your new Essendon apartments into the open and friendly Essendon community. When it comes to amenities, Essendon apartments for sale have everything that residents need. Plenty of shops, cafes, parks, and recreation areas are near apartments for sale in Essendon. Many food options and cuisines are from a very inclusive and multicultural suburb. For education purposes, Essendon North Primary School is highly regarded in the area, and several other schools and colleges are nearby. That is why, off the plan apartments for sale in Essendon are considered a suburban gem for the family in Melbourne, Australia.
The suburb is dotted with beautiful old homes and buildings, many of which have been restored to their original grandeur. This gives Essendon a unique character that sets it apart from other suburbs in Melbourne. Numerous community events and festivals are held throughout the year, including the North Essendon Village Farmers' Market filled with a substantial selection of hot food, ready-to-drink beverages, lovely handmade gifts, children's activities, yoga, and live music. With a range of new and off the plan apartments for sale in Essendon, there's something for everyone in this thriving community.
With its rich history, vibrant community, and great amenities, No wonder that plenty of new Essendon apartments become an attractive place for people of all ages and backgrounds.
Over the last year, apartments for sale in Essendon have median property prices ranging from $1,810,000 for houses to $565,000 for each unit. If you are looking for off the plan apartments for sale in Essendon as an investment, the price of rent is $615 PW with an annual rental yield of 2.1% and units rent for $387 PW with a rental yield of 4.0%. Based on five years of sales, new Essendon apartments have seen a compound growth rate of 3.1% for houses.