77 Market Street, Essendon VIC 3040

Prime location near top schools | 4-bedroom modern townhouse | 307 sqm block in stable Essendon street | competitive auction positioning likely This property offers a rare combination of a modern 4-bedroom configuration on a manageable 307 sqm block within a highly stable street where 71% of residents are long-term owners. The proximity to both Essendon North Primary and Buckley Park College within 500 meters creates a strong family buyer profile, and the suburb’s 62% family demographic reinforces that demand. For a buyer seeking a turnkey townhouse in a premium school catchment with minimal maintenance, this represents a strategic entry point into Essendon’s tightly held market where median house prices exceed $2 million. The key risk lies in the auction timeline,only 26 days from listing to auction,which may compress due diligence and limit buyer leverage. The 54% auction clearance rate suggests some market softening, so a pre-auction offer could secure the property below the upper guide if timed correctly. Given the 2013 purchase date, the vendor likely holds significant equity, reducing urgency to sell. For a buyer, this property works best as a long-term family hold capitalising on school demand, or as a low-maintenance investment in a suburb with 85% owner-occupancy and strong price growth since 2013.