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Back 5/4 McPhail St
Off Market

5/4 McPhail St

Essendon VIC 3040

1
1
1
Apartment
Last sold for $309,000
Andrew PennisiAndrew Pennisi, last sold this property on 21 July 2025 after 18 days on market.

Overview

Sold by Pennisi

Perfectly positioned in one of Essendon's most sought-after pockets. This first-level, one-bedroom apartment offers modern comfort, abundant natural light, and unbeatable convenience. Ideal for savvy investors or first-home buyers seeking a low-maintenance lifestyle. The Essentials: Generously sized bedroom with built-in robe Contemporary kitchen with stainless steel appliances & dishwasher Sleek, modern bathroom with walk-in shower Dedicated off-street car space Currently leased to reliable tenants until January 2026, who have expressed they would like to extend the lease for a further 12 months. The Extras: Light-filled interior with a functional, open-plan layout Quiet and well-maintained building Reverse cycle heating and cooling Block-out and privacy blinds Ample storage space throughout New 50L Rheem hot water system (installed September 2024) The Numbers: Water $180 per quarter Body Corporate - $485 per quarter Council Rates - $304 per quarter Estimated Rent - $330 to $350 per week The Village: Ideally located for easy living, you're just a 5-minute walk to Essendon Station, providing direct access to the Melbourne CBD and airport in under 20 minutes. Rose Street Village and nearby Napier Street Village offer a vibrant café culture, boutique shops and all your daily essentials. Conveniently located near Windy Hill, Aberfeldie Park, and the Maribyrnong River. Zoned for the well-regarded Essendon Keilor College and Buckley Park College, with private schools including Lowther Hall Anglican Grammar, Penleigh & Essendon Grammar (PEGS), and St Columba's College all within walking distance. CityLink access is a quick 5-minute drive and only 9km from the Melbourne CBD. The Clincher: For investors, it is well-presented, with a reliable tenant and the opportunity to extend the lease, as well as low owner corporation fees. For Owner occupied, an entry level property, move-in ready property in walking distance to shops and Essendon train station, CBD, and airport in under 20 minutes. For more details, please don't hesitate to contact the team at Pennisi.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Essendon over the last 12 months, the estimated median property value of 5/4 McPhail St is $350k.

Median value
$350k
Estimated value range
$260k - $535k
Median days on market
26
Estimated value trend
6%
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 5/4 McPhail St

2025
Rented
Undisclosed
Leased on 20 Oct 2025 by Ray White Glenroy
2025
Sold
$309,000
Private Sale/Treaty on 21 Jul 2025 by Andrew Pennisi, of Pennisi Real Estate
2024
Rented
Undisclosed
Leased on 18 Jan 2024 by Rendina Real Estate

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 1 bedroom apartments in Essendon

In the last 12 months, 66 one-bedroom apartments similar to 5/4 McPhail St, have been sold.

This represents a 25% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Essendon

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Anthony Elliott

Sellers who recommend Anthony Elliott have praised them for being clear communication, local expert, honest, great negotiation and reliable

  •   4.9   (177 reviews)
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  •  16 Sales in Essendon
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Joel Campbell

Joel Campbell is a recommended agent for Essendon.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   5   (44 reviews)
  •  8 Reviews in Essendon
  •  11 Sales in Essendon
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Georgie Maggs

Sellers who recommend Georgie Maggs have praised them for being clear communication, local expert, friendly, dedicated, reliable, trustworthy and pleasant

  •   4.8   (64 reviews)
  •  4 Reviews in Essendon
  •  3 Sales in Essendon
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Tom Condon

Tom Condon is a recommended agent for Essendon.  They have 2 local sales and collected 4 local reviews across the last 12 months.

  •   5   (26 reviews)
  •  4 Reviews in Essendon
  •  2 Sales in Essendon
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