Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this property, build a shortlist, and compare it against 110k+ live listings and 12,000+ suburb signals.
See a sample property report before signing up or paying. | Take the 30-second product tour
Asking Price
$445,000 - $485,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
Free account required. Free includes 1 a day and 5 a month, shared with your portfolio and off-market valuations.
Property overview
This 2-bedroom apartment at 206/40 Collins Street in Essendon, VIC 3040 is on the market at $445K to $485K, with 1 bathroom and parking for 1. It offers 65 m2 of internal living space. The apartment was built in 2015. Essendon sits about 8.4 km from the CBD, where the median unit price is $600K. Council data shows no flood or bushfire overlay on the site. 78 schools sit within about 5km, and the area scores 71 for walkability and 100 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
Confidence: Unlock to view
Based on $485,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Investment Score
Essentials feature
Unlock Investment Scores
Subscribers see deal quality, growth, cash flow, market liquidity, location, and risk-control analysis on each listing.
Essendon at a glance
Unit market signals | VIC 3040
Median
$600K
Market signals
To CBD
8 km
Est. Valuation
$453,140
Potential Sell Price
Est. Rent/wk
$539
Potential Gross Yield
Unlock the full comparable sales report
Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $485,000
- Stamp Duty (Victoria)
- $24,170
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $513,370
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3040
- Original listing
- Original listing is on paid plans
Your Notes
Keep private notes on properties you're considering, only visible to you.
Sign up free to take notesLearn more about investing in Essendon
See more properties like this
PropRadar scores every active AU listing with the same yield, valuation gap, and comparable-sales analysis. Free to browse, no card required.