4/3 Marco Polo Street, Essendon VIC 3040

Two-level townhouse | Essendon pocket | walk to village | built 2015 | dual outdoor zones The property’s strongest buying case is its separation of living and sleeping across two levels, which is uncommon in newer townhouses at this price point and gives a genuine house feel in a compact footprint. The bluestone alfresco area and full-width terrace extend usable space beyond the floor plan, which matters for resale appeal among downsizers or professionals who value outdoor living. Being zoned for Essendon Primary and Strathmore Secondary College adds a practical advantage for buyers who may hold the property for five to ten years, though school demand alone does not lift value here. It suits a buyer seeking low-maintenance, lock-and-leave living within walking distance to the village and tram, not a family needing a third bedroom or large yard. The main risk is the discrepancy between the 127m² lot and reported floor areas of 90m² or 124m², which could create valuation friction at settlement if a lender uses the smaller figure. The April 2016 sale date means the property has not transacted through the post-2020 price cycle, so the buyer lacks a recent market-based floor for comparison. The rental estimate of $640 to $745 per week suggests the property could hold an investor’s interest if the purchase price lands near the lower end of the range, but the current tenancy status is unconfirmed, so income continuity is not guaranteed. This property is best held as a primary residence for a professional or couple who will use the location and layout, with a five-year horizon to absorb any valuation noise.