Back 106a/40 Collins Street
Off Market

106a/40 Collins Street

Essendon VIC 3040

2
1
1
Apartment
Last sold for $490,000
Matthew FebeyMatthew Febey, last sold this property on 27 August 2025 after 21 days on market.

Overview

Expressions of Interest

Luminous living in a perfect position Situated in the very heart of North Essendon Village, this Collins & Queen apartment is an ideal choice for professionals and investors alike with its impressive dimensions (approx 74sqm in total), fine features and quality residents' facilities to enjoy. Corner positioned for an abundance of natural light, the apartment's refined interior comprising two bedrooms (large main) with built-in robes both sharing a stylish central bathroom with fully-tiled frameless shower. Flanked by wall-to-wall windows, the versatile open-plan living/dining area is further enhanced by a stone-bench kitchen with integrated dishwasher, Smeg cooking appliances and ample cupboard space. Other stand-outs include a wrap-around terrace (via the living area and main bedroom) with elevated outlook, along with split-system heating/cooling, concealed laundry facilities and stylish engineered timber floors. Completing the picture is an expansive residents' garden with BBQ facilities, plus lift to secure foyer with fob entry, lower-level parking space and storage cage. Village shops, cafes, bars and restaurants around the corner, it's also close to city-bound trams, a choice of bus routes and the open spaces of both Thompson Reserve and Woodlands Park, as well as easy access to DFO and Citylink.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Essendon over the last 12 months, the estimated median property value of 106a/40 Collins Street is $550k.

Median value
$550k
Estimated value range
$349.99k - $815k
Median days on market
30
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Essendon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 106a/40 Collins Street

2025
Sold
$490,000
Private Sale/Treaty on 27 Aug 2025 by Matthew Febey, of Nelson Alexander Essendon

Happy sellers in Essendon

88%
88% of sellers in Essendon reported that their sale price either exceeded or met their price expectations.

Essendon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Essendon over the last 12 months.

Local market activity for 2 bedroom apartments in Essendon

In the last 12 months, 118 two-bedroom apartments similar to 106a/40 Collins Street, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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