Back 5/16 Schofield St
Off Market

5/16 Schofield St

Essendon VIC 3040

2
1
1
Apartment
Last sold for $680,000
Tom DonnelleyTom Donnelley, last sold this property on 28 November 2025 after 16 days on market.

Overview

First-class revamp of a classic villa

Just as attractive for downsizers and professionals as it is seasoned yield investors, this fully revamped, single-storey classic delivers impressive space and function, comfort from the outset, and the blend of calm and vibrancy Essendon is renowned for. Toward the rear of its boutique, six-residence block, the abode's security entrance and skylit foyer prelude an interior where all-day sun, leafy outlooks, white walls and ceilings, and pale timber floors foster an airy, upbeat ambiance. With two substantial bedrooms both offering excellent robe space, a sizeable bathroom features a bath, shower, integrated laundry, and separate powder room, while a storage-rich kitchen with a meals zone and servery flanks an open living/dining area and full-width northern courtyard perfect for entertaining among greenery. A completely turnkey gem with ample room for hosting, unwinding, and working from home, other highlights include reverse-cycle heating/cooling, ceiling fans, a carport space, and immediacy to the best of Essendon. With Glenbervie Station and the Puckle Street, hospital, university, and city-bound 59 Tram at each end of neighbouring Glass Street, it's no more than a short stroll to Woodlands Park's pristine expanse and North Essendon Village's cafés, restaurants, and Coles, while close to acclaimed schools (zoned for Strathmore Secondary), nature trails, DFO, lively Keilor Road, 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 5/16 Schofield St is $550k.

Median value
$550k
Estimated value range
$349.99k - $815k
Median days on market
31
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 5/16 Schofield St

2025
Sold
$680,000
Private Sale/Treaty on 28 Nov 2025 by Tom Donnelley, of Jellis Craig Moonee Valley

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 2 bedroom apartments in Essendon

In the last 12 months, 117 two-bedroom apartments similar to 5/16 Schofield St, have been sold.

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

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