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218/24 Leake Street, Essendon VIC 3040

$370,000 - $400,000

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$370k - $389k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car

Listed: 51 days ago

Updated: 15 days ago

Overview

Located on the second floor in the vibrant heart of North Essendon Village, this one-bedroom apartment offers a blend of bright, airy living and desirable outdoor space that suits a range of lifestyles. The expansive floor-to-ceiling windows flood the open-plan living and dining areas with natural light, creating an inviting atmosphere enhanced by seamless access to a full-width covered terrace. This terrace expands the living space, ideal for relaxing or entertaining while enjoying the neighbourhood ambiance.

The kitchen boasts a modern stone finish along with stainless-steel appliances and a dishwasher, combining practicality with style for everyday cooking needs. The well-sized bedroom includes built-in robes and also opens to the terrace, providing a private retreat that integrates indoor comfort with fresh air.

Additional convenience factors include a central bathroom, split-system heating and cooling for year-round comfort, and secure building access via foyer and lift. The property comes with a basement car space and a storage cage, which enhances its practicality for both owner-occupiers and investors.

This apartment is especially suited for first-home buyers or investors looking for an easy-care home positioned close to urban amenities. It benefits from proximity to lively village cafes and shops, access to public transport via Route 59 trams, and the recreational appeal of Lincoln Park. Commuting options are further supplemented by nearby Essendon and Glenbervie train stations as well as CityLink, ensuring connectivity to the wider Melbourne area.

Bright, light-filled interiors with floor-to-ceiling glazing
Stone-finished kitchen with quality appliances
Full-width covered terrace accessible from living and bedroom
Built-in robes in bedroom
Split-system heating and cooling for comfort
Secure entry with lift access
Basement parking space and additional storage cage

Local Market Insights

In Essendon, Quiet Listings observed 7 new apartments entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $456,286. The property type mix of listed properties is predominantly Houses at 40%, followed by townhouses (14%), and apartments (14%). The most active agency for apartments in the Essendon area is currently Pennisi Real Estate, representing 29% of new listings, followed by Jeena & Saacs Real Estate Pty Ltd with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.