Essendon North at a glance
3,982
People
$1,382,500
Median sale
$539/wk
Median rent
2.03%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Essendon North › Madden St
$960,000
Last sold
8 Mar 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$960,000
8 Mar 2023 · derived via latest_sale
Essendon North at a glance
3,982
People
$1,382,500
Median sale
$539/wk
Median rent
2.03%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Essendon North
-30.6%
Median sale
Suburb $1,382,500
+0.89 pp
Gross yield
Suburb 2.03%
Suburb median $1,382,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2
HCTZ2
Jurisdiction
Moonee Valley
Moonee Valley, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2 · HCTZ2 (ZN). Official parcel area about 362 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $539/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned HOUSING CHOICE AND TRANSPORT ZONE - SCHEDULE 2 · HCTZ2 (ZN). Official parcel area about 362 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Essendon North at a glance
3,982
People
$1,382,500
Median sale
$539/wk
Median rent
2.03%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McDonald UptonAn understated gem in an area rich with amenity, this much loved home is ready for the next phase of its life. Nestled amongst manicured, established gardens, the original 1930’s built property has been modernised and reinforced, with new cement stumps and brand new electrical wiring providing a solid base with the potential for further enhancement, renovation or redevelopment (STCA).
Beyond the classic facade this charmingly presented home features original timber floors and light filled rooms, including two bedrooms, each providing wardrobes, central bathroom, lounge with stone fire surround, heater and split system air-conditioning, dining room , and kitchen containing stainless steel appliances, good bench space and euro laundry facilities.
• Superb location in highly connected area
• Charming 2 bedroom/ 1 bathroom home
• Solid foundation with renovation potential (STCA)
• BBQ terrace, water tank, immaculate gardens
• Zoned for Buckley Park College
• Walk to transport, shops and parkland
Enjoy relaxed entertaining out on the paved BBQ terrace with its solid baltic pine pergola, while a low maintenance rear garden includes a veggie patch, water tank with pump and garden shed.
Leave the car in the driveway and walk to Keilor Road trams, North Essendon Village cafes and shops and beautiful Woodland Park. Close to DFO, Westfield, Keilor Road shops and Citylink/freeway - an excellent first home, easy care down size or fail safe investment.
Listing description written by Julia Murphy, McDonald Upton — reproduced as published, not verified by Districts.