237 Pascoe Vale Road, Essendon VIC 3040

237 Pascoe Vale Road, Essendon VIC 3040
3 bed house on 560mยฒ | formal living and dining | established garden setting | family-oriented Essendon location This house is competitively positioned within Essendonโ€™s detached housing stock, as a freestanding family home on a substantial block with formal and informal living zones. The combination of multiple living areas, a master ensuite, and a fully fenced garden is uncommon among newer infill properties and is best suited to buyers seeking a character-oriented family home with room to spread out. Its land size and configuration align with older, established housing rather than modern townhouses, giving it an edge for those prioritising space and garden amenity over low-maintenance living. The propertyโ€™s value may be shaped by its renovation level, which is not confirmed from available information, and by the absence of details on orientation, street exposure, or planning overlays. Buyers should weigh whether the formal rooms and garden require updating, and consider how the blockโ€™s shape or frontage might affect future use or resale appeal. These factors could influence the final price more than the land size alone, so a careful physical inspection is recommended before forming a view on value.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 237 Pascoe Vale Road, Essendon VIC 3040
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Market Insight:

Essendon is an established, well-connected suburb appealing to those seeking proximity to the city. Demand is driven by its strong transport links and expanding local precincts, attracting both owner-occupiers and a significant rental population. Recent market conditions show divergent price signals, with house values experiencing pressure while the unit market demonstrates stronger rental demand and yields. Future growth is anchored by its enduring appeal and infrastructure, though affordability constraints and inconsistent capital growth present notable risks.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

560mยฒ

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