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316/55 Collins Street, Essendon$307,500
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316/55 Collins Street

Essendon, VIC 3040, Australia
$295,000 – $320,000
1 bed 1 bath 1 car

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About this property

SALE BY SET DATE CLOSES TUESDAY 4TH AUGUST 2026 AT 6PM (UNLESS SOLD PRIOR) Just steps from the lively North Essendon Village and the popular Keilor Road cafés and boutiques - with a tram stop right at your doorstep - this contemporary one-bedroom apartment is perfect for first-home buyers and savvy investors alike. Potential rental of $450-500 per week. The light-filled open-plan living area flows seamlessly into a stylish two-tone kitchen, complete with stone benchtops, stainless steel appliances, sleek glass splashbacks, and a convenient European laundry. Step outside to a covered balcony where you can relax and take in peaceful outlooks, including the leafy surrounds. The spacious bedroom features generous built-in robes, complemented by a modern, well-appointed bathroom. Additional highlights include secure off-street under cover parking, intercom entry, lift access, and split-system heating and cooling for year-round comfort. With easy access to freeways, Essendon DFO, and Woodlands Park, everything you need is within easy reach.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
6 days ago

Repayment calculator

$1,491/month
$745 /fortnight
Loan $246,000 at 6.10% over 30 years

Upfront costs

Deposit$61,500
Stamp duty$13,520
Conveyancing (est.)$2,000
Total upfront$77,020
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 1-bedroom apartment in Essendon, VIC 3040 sits within reach of public transport, local shops and nearby schools. It is listed 75% below the $1.23m median of 45 comparable apartmentswithin 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

  • Collins Street/Keilor Road (bus)26 m away
  • Trading Post Motors209 m away
  • L.T. Thompson Park146 m away
  • Unnamed230 m away
  • Woodlands Park446 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 · Unit 1 bed

Compound growth +0.5% / yr over 4 yrs

$350kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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