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VIC › Essendon › Salter St

10 Salter St, Essendon VIC 3040

House

4

Bedrooms

2

Bathrooms

6

Car spaces

912 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 912 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Essendon (last 5 years) with land size: median $3,353/m² of land (n=22). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Essendon (last 5 years) with land size have a median of $3,353/m² of land (n=22). Districts calculation from recorded sales — not a valuation.

Essendon at a glance

22,505

People

$1,560,000

Median sale

$531/wk

Median rent

1.77%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Essendon report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown23 July 2026
  2. Listedprice unknowncompleted26 May 2026
  3. Listedprice unknowncompleted26 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $531/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Essendon in one glance

Essendon at a glance

22,505

People

$1,560,000

Median sale

$531/wk

Median rent

1.77%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Essendon report →

Keep researching

  • Why Essendon? Read the area thesis →
  • What else is on the market in Essendon →
  • Other records on Salter St →

Listing material

Listed by Woodards Essendon

Grand Edwardian on Premium Landholding with Flexible Purchase Terms

Deadline Sale | Exceptional Flexibility Meets Outstanding Opportunity

This property is being offered for sale via the Openn platform, providing buyers with complete transparency throughout the campaign.

The vendor is offering highly flexible settlement terms, including extended settlement periods, reasonable and flexible deposit arrangements and, subject to agreed terms and conditions, the opportunity for early access to the property prior to settlement for planning, surveys, engineering, design work, permit applications and other pre-development requirements. These purchaser-friendly terms provide exceptional flexibility for owner-occupiers, builders, developers and investors alike.

Read the full description

All prospective purchasers wishing to participate in the sale or formally express an interest in the property must register through the Openn platform. Registration enables buyers to receive campaign updates, submit offers and participate throughout the sales process.

To register, visit www.openn.com/brucewarburton or contact the listing agent for further information.

Positioned within one of Essendon's most tightly held and strategically evolving pockets, this beautifully renovated circa 1917 Edwardian presents an exceptionally rare opportunity to secure a substantial landholding combining timeless period character, contemporary family living and significant long-term potential.

Occupying a generous allotment with a prized north-facing rear yard and exceptional right-of-way access extending the full length of the western boundary, the property offers remarkable flexibility rarely found in such a premium inner-city location.

Whether your plans involve simply enjoying the beautifully renovated residence, extending into the expansive rear yard whilst retaining substantial outdoor space, accommodating multi-generational living, creating a home business environment, retaining the existing dwelling whilst exploring development opportunities at the rear, or undertaking a more substantial redevelopment of the site (STCA), this outstanding property provides a wealth of possibilities.

Importantly, the property is located within the Housing Choice and Transport Zone – Schedule 2 (HCTZ2), reinforcing the long-term strategic significance of this blue-chip location and further enhancing its appeal to developers, investors and land bankers looking to secure a premium site within one of Melbourne's recognised growth corridors.

The exceptional full-length western boundary right-of-way is one of the property's defining features, providing outstanding vehicle access and creating enormous flexibility for future garaging, workshop facilities, additional accommodation or future redevelopment outcomes (STCA). Combined with the highly desirable north-facing rear aspect, the land itself represents an exceptional long-term asset.

Behind its timeless façade, the home beautifully preserves the elegance of its Edwardian heritage through stunning leadlight windows, soaring 3.3-metre ceilings, generous proportions and exquisite period detail. A comprehensive renovation completed only eight months ago ensures buyers can simply move in and enjoy, with every major component thoughtfully upgraded including electrical, plumbing, insulation, kitchen, bathroom, built-in cabinetry and quality finishes throughout.

The flexible floorplan comprises three generous bedrooms plus a separate study, serviced by a beautifully appointed bathroom featuring premium stone benchtops. At the heart of the home, the designer kitchen showcases quality Asko appliances, stone benchtops and full-height stone splashbacks while flowing effortlessly into the open-plan living and dining domain overlooking the sun-drenched north-facing backyard-an ideal setting for everyday family living, entertaining or future extension.

Adding another layer of versatility is the separately accessed rear studio, complete with its own bedroom and bathroom, making it ideal for extended family accommodation, guest quarters, a private home office, teenage retreat or potential supplementary rental income.

Further enhancing the property's appeal are ducted gas heating, four split-system air conditioners, gas hot water service, a 6.6kW solar system, fibre-to-the-premises NBN with four fibre connection points throughout the home, new Colourbond roofing, high-clearance rear roller access, a double garage, workshop and an insulated high-clearance pergola with integrated lighting.

Perfectly positioned within easy reach of Glenbervie Station, Napier Street Village, elite public and private schooling, parklands, CityLink and major transport infrastructure, this is a truly unique opportunity to secure a beautifully renovated period home with immediate family appeal, exceptional flexibility and outstanding long-term upside in one of Essendon's most desirable and strategically important locations.

Sale Process & Communication Notice

The vendor reserves the right to accept an offer and sell the property at any time, including prior to any advertised closing date, and may vary the method of sale if required.

Prospective purchasers should notify the selling agent in writing of their interest and complete their Openn registration to ensure they receive all campaign updates, notifications and any changes to the sales process.

Purchasers are responsible for maintaining current contact details and remaining contactable throughout the campaign, as the agent cannot guarantee delivery of notifications where contact details are incorrect or communication preferences restrict contact.

Listing description written by Bruce Warburton, Woodards Essendon — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.