29 Lyon Street Essendon VIC 3040

3 / 1 / 2 / 550 m2

Here you can find what you need to know about 29 Lyon Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Essendon, VIC and much more.

Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040
Property photo of 29 Lyon Street Essendon VIC 3040

Property Insights

29 Lyon Street Estimated Value

$1,094,000 - $1,310,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
High confidence estimate
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Last sold for $1,331,000 on 30/05/2020

Sale Type: Unknown

Mortgage
Repayment
$933 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 1
Car Spaces 2
Land Size 550 m2
Floor Area 150 m2
House Type House: One Storey / Lowset
Council Area Moonee Valley
Year Built 1970
Zone General Residential Zone
Lot/Plan 1/PS619881 Essendon VIC
Property Type House

Last listing description (May 2020)

EXPRESSIONS OF INTEREST - CLOSING 5 MAY AT 6PM
***This property is available for inspection by appointment. Please contact us to arrange a suitable time***

In one of Essendon's premier pockets, this impeccable single-level home provides a family lifestyle of immediate comfort and quality along with exceptional opportunities to modernize and expand or utilize the block's generous dimensions to build your brand-new dream home (STCA). Meticulously maintained by the one family for well over 40 years, the home's pristine interior comprises a central hallway accessing three bedrooms (large master) all with built-in robes, together with a spotless two-way bathroom and separate WC. Dual living zones include a spacious lounge and adjoining dining room leading through to the open family/meals area and neat kitchen with breakfast bar and gas cooktop, plus heating, cooling and a full-size laundry. Outside, discover a wider-than-usual backyard complete with undercover patio/entertaining area, 5000L watertank and tandem double garage via gated side driveway. Enviable Essendon convenience, it's close to an array of lifestyle attractions including local cafes and vibrant shopping precincts, the area's elite schools, Essendon Station, Mt Alexander Road trams and Buckley Street buses along with easy access to Citylink.


*** COVID-19 Announcement ***
If you're attending a Private Appointment, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team members, and if requested wait outside until the property is ready for the appointment. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.

Property Timeline

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Latest Auction Results for Essendon as at 05 July 2020

Property Details
Sale Price
4Bed / 2Bath / 1Car / House
Passed In

State Auction Clearance Rates - July 2020

Auctions Clearance rate
VIC 362 64%
ACT 38 82%
NSW 442 65%
NT 3 33%
QLD 92 34%
SA 25 75%
TAS 1 0%
WA 10 30%

Suburb Insights

Essendon, VIC 3040

No data available Part of: Moonee Valley Council

Get neighbourhood info and insights with our Suburb Profile

View Essendon Suburb Profile View properties in Essendon

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 29 Lyon Street, including the property sale history and estimated market value as well as insights into Lyon Street and Essendon 29 Lyon Street Essendon VIC 3040