Back 501A/40 Collins St
Off Market

501A/40 Collins St

Essendon VIC 3040

2
2
1
Apartment
Last sold for $510,000
Lachlan SuttonLachlan Sutton, last sold this property on 16 July 2026 after 8 days on market.

Overview

Luminous living with panoramic views

With its sizeable floorplan, quality inclusions and sensational outlook to admire, this fifth-floor Collins & Queen apartment delivers low-maintenance living at its brilliant best all supremely situated in the very heart of North Essendon Village. Corner positioned and flanked by floor-to-ceiling windows, the luminous interior showcases two bedrooms (larger main) both with built-in robes, as well as a stylish ensuite and equally-impressive central bathroom both with frameless showers. Heart of the home is its adaptable open-plan living/dining area accompanied by a superb stone-top kitchen complete with integrated dishwasher, Smeg cooking appliances and ample storage space. Other highlights include a wrap-around undercover balcony to take in the sweeping views, along with split-system heating/cooling, concealed laundry facilities and stylish engineered timber floors. Rounding out this impressive lifestyle package is a secure foyer with fob entry, lower-level parking space and storage cage, plus an expansive residents' garden with BBQ facilities to enjoy. Footsteps to village shops, cafes and restaurants along with city-bound trams and choice of bus routes, it's also walking distance to both Thompson Reserve and Woodlands Park, as well as easy access to DFO and Citylink.

Features

2 bedrooms
2 bathrooms
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 501A/40 Collins St is $545k.

Median value
$545k
Estimated value range
$349.99k - $1.32m
Median days on market
28
Estimated value trend
3%
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 501A/40 Collins St

2026
Sold
$510,000
Private Sale/Treaty on 16 Jul 2026 by Lachlan Sutton, of Nelson Alexander Essendon
2020
Rented
Undisclosed
Leased on 06 Apr 2020 by Little Real Estate | Hawthorn
2017
Rented
Undisclosed
Leased on 19 Dec 2017 by Little Real Estate | Hawthorn

Happy sellers in Essendon

85%
85% 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, 107 two-bedroom apartments similar to 501A/40 Collins St, have been sold.

This represents a 26% increase in two-bedroom apartments sales when compared to the previous 12 months.

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