Essendon VIC 3040, Australia
Also written as Unit 5, 949 Mt Alexander Road.
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 | 7 Sep 2019 | $519,000 | — |
| Sale | 22 Aug 2009 | $430,000 | — |
| Sale | 19 Jun 1998 | $150,000 | — |
| Sale | 29 Jun 1994 | $125,000 | — |
| Sale | 12 May 1981 | $50,500 | — |
The address is a unit offering two bedrooms and a single bathroom. It provides a compact, low‑maintenance lifestyle typical of inner‑suburban living
The unit sits on a sizable block of land measuring approximately 2,031 m², giving ample outdoor space for gardening or leisure activities
Several tram stops are nearby, including Brewster St/Mt Alexander Rd (0.1 km) and Thorn St/Mt Alexander Rd (0.4 km). The Essendon railway station is also close at about 0.6 km, and the number 59 tram runs along Mount Alexander Road to the city
Woodlands Park is roughly 0.5 km away, offering green space for picnics and sports. The suburb is bordered by the Maribyrnong River Trail and the Moonee Ponds Creek Trail, both popular with cyclists and walkers
Windy Hill, the historic Australian rules football ground, is about 0.5 km from the property. The area also features the Avenue of Palms, a heritage‑listed line of Phoenix Canariensis trees located 0.2 km away
Essendon developed along the route miners used on their way to Castlemaine during the 1851 gold rush. The suburb was named after the village of Essendon in Hertfordshire, England, and was first served by Victorian Railways in 1871
Essendon experiences a moderate oceanic climate (Cfb), with warm summers and cool, damp winters. The area enjoys about 50.5 clear days each year, slightly more than the Melbourne CBD
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