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136 Deakin Street, Essendon$1.40m
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Soldhouse

136 Deakin Street

Essendon, VIC 3040, Australia
$1.40m
2 bed 1 bath 2 car641 m²

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About this property

An exceptional opportunity to secure a substantial parcel of land and shape your family's future in a highly regarded Essendon pocket. The existing dwelling is beyond repair and ready to make way for something far greater. Clear the site, start fresh, and unlock the full potential of this outstanding allotment. While the home currently comprises two bedrooms, a lounge room, dining area, kitchen, bathroom, and two car spaces, its condition means it is best suited for redevelopment. Positioned near the Keilor Road end of Deakin Street, this flat site of approximately 640sqm offers exciting possibilities to build a luxurious new home or explore a dual-occupancy development (STCA). Adding further appeal, the neighbouring property at 138 Deakin Street is also available for purchase, offering another 644sqm (approx.). Secure one or both and unlock a rare, large-scale development opportunity in a tightly held location. Set in a tightly held and family-focused neighbourhood, you're just moments from the vibrant Keilor Road precinct with its cafes, restaurants and everyday conveniences. Excellent public transport options are within easy reach, including trams and nearby Essendon Station, ensuring a seamless commute to the CBD. Surrounded by some of the area's most respected schools, as well as local parks and recreational facilities, this is a location that continues to attract both families and long-term investors. The future here is limited only by your vision. Please note: Due to the condition of the dwelling, access for internal inspections will not be available. This offering is best suited to buyers intending to redevelop the site.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
641 m²
Listed
2 months ago

Repayment calculator

$6,797/month
$3,398 /fortnight
Loan $1,121,600 at 6.10% over 30 years

Upfront costs

Deposit$280,400
Stamp duty$77,110
Conveyancing (est.)$2,000
Total upfront$359,510
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Essendon

This 2-bedroom house in Essendon, VIC 3040 sits within reach of public transport, local shops and nearby schools. It is listed 5% above the $1.33m median of 55 comparable houseswithin 5 km.

Schools near Essendon

  • Lowther Hall Anglican Grammar Schoolcombined · Prep-12 · Girls
  • Penleigh & Essendon Grammar School - Essendon Campuscombined
  • Aberfeldie Primary Schoolprimary · Prep-6 · CoEd
  • Essendon Primary Schoolprimary · Prep-6 · CoEd
  • Buckley Park Collegesecondary · 7-12 · CoEd
  • Islamic College of Sport - North Campussecondary

What's nearby

  • Essendon North Primary School (bus)888 m away
  • Minuteman Press807 m away
  • Unnamed408 m away
  • Buckley Park568 m away
  • Unnamed722 m away

Essendon at a glance

Full suburb profile
Population
21,240
Median age
39
Household income
$2,132/wk
Median rent
$380/wk
Median mortgage
$2,275/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Essendon price trend

Median sold · House 2 bed

Compound growth -0.5% / yr over 4 yrs

$834kcurrent median

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