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Overview
Positioned in the distinguished Mar Lodge Estate, this expansive 891sqm parcel on Forrester Street presents a rare opportunity to craft a bespoke family residence. Unlike many properties in this sought-after precinct, this land offers a blank canvas free from heritage constraints, empowering architects and homeowners alike to design without limitation. The generous 18.3-metre frontage further enhances the potential for a substantial and beautifully proportioned home, promising a valuable balance between street presence and private outdoor space.
Set four doors from the heritage-listed homestead that defines the estate, the location imbues a sense of prestige and historical significance while retaining modern flexibility. Mature Californian-inspired gardens frame the site, suggesting an established neighborhood character that complements contemporary living. The expansive land area invites the creation of multiple living zones, including outdoor retreats or recreational facilities, ideal for families seeking both comfort and opportunity to personalise their lifestyle environment.
This property is well positioned for those desiring proximity to the amenities and vibrant lifestyle offerings of Essendon, while appreciating the exclusivity of one of its most prestigious enclaves. With practical considerations such as ample space for numerous bedrooms, living zones, and parking, this site is particularly suited to families or those desiring to design a home tailored to evolving needs. The absence of heritage overlays combined with prime location and impressive frontage makes this an exceptional foundation for a distinguished family home.
Local Market Insights
In Essendon, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $1,889,706. The property type mix of listed properties is predominantly Houses at 45%, followed by apartments (18%), and townhouses (15%). The most active agency for houses in the Essendon area is currently Jellis Craig, representing 47% of new listings, followed by Frank Dowling Real Estate with 12%. 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.
Location
Market Insights for Essendon VIC 3040
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