Back 42 Elder Parade
Off Market

42 Elder Parade

Essendon VIC 3040

517 m²
Land
Last sold for $1,721,000
Christian LonziChristian Lonzi, last sold this property on 25 October 2025 after 22 days on market.

Overview

The dream starts here

Poised to transform vision into reality, this generously sized allotment (approx. 517m²) presents an outstanding lifestyle opportunity for years to come. With over 15 metres of street frontage and plenty of space to work with, the property offers a canvas full of promise in a highly sought-after location. The options are impressive as you can take advantage of recent planning regulations changes, whether for a quality development or the creation of a dream family home (subject to relevant approvals). Surrounded by leading schools including St Columba's College, Lowther Hall, and Penleigh & Essendon Grammar, the address sets families up for success. Everyday convenience is assured with trams, buses, trains, North Essendon Village, and parklands all close by, while nearby freeway and CityLink access make for quick and easy commutes.

Features

517 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Essendon over the last 12 months, the estimated median property value of 42 Elder Parade is $1.72m.

Median value
$1.72m
Estimated value range
$1.51m - $2.1m
Median days on market
73
Estimated value trend
1%
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 42 Elder Parade

2025
Sold
$1,721,000
Auction Sale on 25 Oct 2025 by Christian Lonzi, of Jellis Craig Moonee Valley
2025
Sold
Undisclosed
14 Feb 2025 by Jacqueline Iversen, of Woodards 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 56 reviews in Essendon over the last 12 months.

Local market activity for land plots in Essendon

In the last 12 months, 3 land plots similar to 42 Elder Parade, have been sold.

This represents a 100% decrease in land plots sales when compared to the previous 12 months.

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