3/78 Richardson St · Essendon VIC 3040

Essendon suburb intelligence · all Melbourne suburbs

Essendon suburb ← Back to board
← swipe · 10 photos

Currently listed — $570,000

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

  • 15 Aug 2026 first tracked by our radar (the portal doesn't publish its list date)
  • 19 Aug 2026 asking $570k
  • 22 Aug 2026 auction: Withdrawn (Woodards Essendon)
  • 1 Sept 2026 on market 16+ 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

16 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.

Published auction results at this address

Auction weekResultPriceAgency
22 Aug 2026WithdrawnwithheldWoodards Essendon

From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.

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.