Back 8/56 Nicholson St
Off Market

8/56 Nicholson St

Essendon VIC 3040

1
1
1
Unit
Last sold for $345,000
Caleb VenneriCaleb Venneri, last sold this property on 01 December 2022 after 34 days on market.

Overview

Cosy, Convenient Living

SALE BY SET DATE CLOSES MONDAY 19TH DECEMBER 2022 AT 5.30PM (UNLESS SOLD PRIOR) Spend more time exploring the best Essendon has to offer with this low-maintenance one bedroom unit, only approx. 9.1km from Melbourne’s iconic CBD. This convenient first level single bedroom property will tantalise savvy first time buyers and blue-chip investors. Situated in a well-maintained block, this delightful property offers instant comfort, space and a sought-after low maintenance lifestyle. A well-laid out floor plan overflowing in natural light features central open living room with spacious dining area and gleaming floorboards throughout leading to the entertaining balcony with park views. A spotless kitchen enjoys its own space and comes with gas stove cooktop, black tiled splashbacks, ample updated cabinetry and laminate counter tops. Featuring a great sized bedroom well-served by built-in-robes and a bright white ensuite with floor to ceiling tiles. With intercom and foyer entry, blinds and car space secured with remote entry. Close to multiple shops, award winning cafés, steps away from Windy Hill Fitness Centre, Napier street Shops and Cafes, Essendon Station, 59 Tram line, Moonee Ponds Creek Trail, CityLink and primary and secondary schools including the prestige Penleigh Essendon Grammar. This is one not to miss!

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Essendon over the last 12 months, the estimated median property value of 8/56 Nicholson St is $315k.

Median value
$315k
Estimated value range
$279k - $440k
Median days on market
43
Estimated value trend
-3%
decrease 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 8/56 Nicholson St

2022
Sold
$345,000
01 Dec 2022 by Caleb Venneri, of Barry Plant Essendon
2022
Rented
Undisclosed
Leased on 13 Apr 2022 by McGrath Northcote
2020
Rented
Undisclosed
Leased on 20 Nov 2020 by McGrath Northcote

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 units in Essendon

In the last 12 months, 15 one-bedroom units similar to 8/56 Nicholson St, have been sold.

This represents a 13% increase in one-bedroom units sales when compared to the previous 12 months.

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