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Only a few investment opportunities remain at Essendon Village

Market Insights
4 years ago
2 minutes

With only three fully-completed 1 bedroom apartments still available, now is your last chance to purchase a thoughtfully-designed, quality-oriented residence at Essendon Village.

Since construction concluded last year, a combination of owner-occupiers and savvy investors have purchased an apartment at Essendon Village, and the many benefits of living in this highly sought-after inner-suburb have proven to be appealing to home-owners and renters alike.

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Residents love the thoughtful design choices at Essendon Village – such as the stone detailed Bosch kitchens, fully tiled bathrooms with chrome finishes and the luxurious timber flooring, while the heating and cooling and double glazing provide unrivalled functionality. Residents feel secure knowing their car is safely parked in the basement carpark, and the video intercom security system adds further peace of mind. 

With Essendon train station close by and Queens Park within easy walking distance, the lifestyle on offer at Essendon Village is unbeatable. Just 7km from Melbourne’s CBD and serviced by frequently-running public transport, all kinds of homeowners and renters are attracted to the suburb’s wide, tree-lined boulevards. City professionals gravitate towards Essendon for its convenient access to the CBD and the many cafés, restaurants and trendy brunch-spots that dot the streets, while young families enjoy the abundance of high-quality education options, lush, green parks, walking paths and bicycle tracks, and the easy access to shopping destinations – such as DFO Essendon and the recently refurbished Highpoint shopping centre.

Essendon Village is perfectly placed to take advantage of all these local amenities, making any one of the three remaining 1 bedroom apartments a fantastic opportunity for investors that wish to easily attract tenants, or lifestyle-oriented owner-occupiers. 

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As one of Melbourne’s best-known inner-suburbs, Essendon offers fantastic opportunities for investment. With the average house price currently sitting at $1,410,000, and median apartments sales averaging $333,000 to $822,500, Essendon is proving to be a high-growth locale. Apartments and units in Essendon attract rental figures of between $300 to $500 per week, and with prices at Essendon Village starting from just $369,000 – now is the perfect time to snap up one of the remaining apartments.

In order to provide even greater value for investors, the forward-thinking developers behind Essendon Village are offering a 5 percent rental guarantee for 2 years. 

The perfect combination of style, functionality and location, Essendon Village has set a new standard in modern, residential development. 

For more information on the 3 remaining apartments, enquire here.