1/5 Cooper Street · Essendon VIC 3040

Essendon suburb intelligence · all Melbourne suburbs

Essendon suburb ← Back to board
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Currently listed — $700,000

2 bed · 1 bath · 1 car · ApartmentUnitFlat

View the live listing →

The Property Brief — what the evidence shows. You draw the conclusion.

CONSERVATIVE
$568k
the calibrated floor
LIKELY FAIR RANGE
$568k–$705k
around $636k mid
STRETCH CAP
$705k
$745k on the wider 80% band

Confidence: High — based on 111 comparable auction sales (47 of this exact configuration) · model runs ±11% for this configuration · the model's typical miss is ~11% against published results — every hit and miss

What we've tracked

  • 26 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
  • 26 Aug 2026 asking $700k
  • 1 Sept 2026 on market 5+ days — first tracked by us, a lower bound

Comparable auction sales

AddressConfigSoldWhen
320/1044-1046 Mt Alexander Rd2 bd · 1 ba$400kJuly 2025
101/314 Pascoe Vale Rd2 bd · 2 ba$485kMay 2025
1/28 Gilbertson St2 bd · 1 ba$805kMay 2025
7/14 Raleigh St2 bd · 1 ba$633kMay 2025
3/8 Fitzgerald Rd2 bd · 1 ba$665kFeb 2025
1/17 Nimmo St2 bd · 1 ba$500kFeb 2025
Where every number comes from
  • Fair value: AI PropertyEye price model 2026-08-11-v5 — trained on 146,492 published auction sales; configuration-level (suburb × type × beds), not an appraisal of this exact home
  • Comps: published Domain auction results for Essendon — suburb × configuration matches, not hyper-matched to this address
  • Evidence trail: tracked by our radar from portal listings, web-archive checks and published auction results — each entry dated

⏱ Days on market — this campaign

5 days since our daily sweep first saw this listing.

The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.

Growth trend — Essendon units at auction

Measured like-for-like growth ≈ -4.6%/yr — 2-bed sold-price medians across 16 quarters (60 sales).

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Similar properties — on the market now

The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Essendon or a suburb whose centre is within 3 km — ordered by how close the asking price is. That is the whole rule: a filter, not a recommendation, and nothing here judges which home is better.

Want the numbers agents don't volunteer?

Check any Sydney suburb free — Market Mint market-conditions readout, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.

Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.