8 Morton Street Essendon VIC 3040

3 / 1 / 4 / 561 m2

Here you can find what you need to know about 8 Morton 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 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040
Property photo of 8 Morton Street Essendon VIC 3040

Property Insights

8 Morton Street Estimated Value

$1,200,000 - $1,300,000

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.
Low confidence estimate
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Last sold for $0 on 03/08/2020

Sale Type: Unknown

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
Unavailable
Estimated
Gross Yield
Medium 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 4
Land Size 561 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Moonee Valley
Year Built n/a
Zone General Residential Zone
Lot/Plan 1/TP381114 Essendon VIC
Property Type House

Last listing description (July 2020)

Zone In On The Future
In response to COVID-19 this auction will be held online. Please contact us to obtain your registration link.

With the health and well-being of our community being front of mind we have additional measures in place at all property inspections. Our COVID-19 conditions of entry are available for your viewing click here: https://go.aws/2Z5oMmVhttps://go.aws/2Z5oMmV

Take advantage of an approximately 561m2 allotment with front driveway and bonus access to a wide rear right of way, to build new or develop further (STCA), within the coveted Strathmore College zone. Primed for a new dream home or ideally located for a development project you can't go wrong with this location, both options subject to council approval . Currently comprising an immediately comfortable, elevated three bedroom home the current home has plenty of living space with a largely open kitchen, meals and living room, formal dining room and family room, complemented by an entertainer's deck and gardens. Ducted heating and evaporative cooling boost comfort throughout the seasons plus a spacious rear garage and open parking area secured by an automatic roller door accessing the neat rear laneway. Consider updating to suit your style, building a gorgeous new dream home or develop the site (subject to council approval) to make the most of a position within seconds of Glenbervie Station and parks, handy to great schools and shops.

Property Timeline

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Suburb Insights

Essendon, VIC 3040

No data available Part of: Moonee Valley Council

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Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 8 Morton Street, including the property sale history and estimated market value as well as insights into Morton Street and Essendon 8 Morton Street Essendon VIC 3040