Essendon VIC 3040, Australia
Key points for 5/16 Violet Street.
Also written as Unit 5, 16 Violet Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 15 Feb 2023 | $785,000 | — |
The unit features two bedrooms and one bathroom, making it a compact 2‑bed, 1‑bath residence
The unit sits on a 169 m² parcel of land, providing a modest footprint within the Essendon streetscape
Essendon is located about 8 km north‑west of Melbourne’s CBD, so the property is roughly that distance from the city centre
Essendon railway station is just 0.3 km away, and several tram stops, including Grice Cres/Mt Alexander Rd (0.4 km) and Fletcher St/Napier St (0.4 km), provide access to the number 59 tram and other routes
Within a few hundred metres you’ll find Essendon Post Office (0.3 km), Hoyts Plaza Theatre (0.3 km), the heritage‑listed Avenue of Palms on Mount Alexander Road (0.4 km), Regal Theatre (0.5 km) and the historic Windy Hill football ground (0.7 km)
Essendon experiences a moderate oceanic climate with warm summers, cool damp winters, and about 50.5 clear days per year, slightly more sunshine than the Melbourne CBD
At the 2021 census Essendon had a population of roughly 21,240 people, a median weekly household income of $2,132, and most residents (72 %) were born in Australia
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