39 Forrester Street, Essendon, Vic 3040

$2,000,000 - $2,200,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
892 mΒ²
Area

Last updated on Wednesday, September 30, 2026 ( See property details for 39 Forrester Street, Essendon, Vic 3040)

$2,000,000 - $2,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare blank canvas in Essendon's prestigious Mar Lodge Estate, offering endless potential to create your dream family home on a spacious 891sqm block.

🏑 Property Highlights

  • Prime location in Essendon's prestigious enclave with historic significance
  • Generous 891sqm block with a 18.3m frontage, ideal for custom design
  • No heritage overlay, offering flexibility for development
  • Deep north-facing backyard with established trees, perfect for outdoor living
  • Close to top schools, parks, and lifestyle amenities
  • Potential to build a bespoke family home or develop further

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Shed
  • Home Office / Study
  • Fully fenced
  • Pet-Friendly
  • Ensuite
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39 Forrester Street
Essendon, VIC 3040
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Vertical aerial view β€” 39 Forrester Street
39 Forrester Street — Vertical Aerial  •  Essendon, VIC 3040  •  Nearmap © 2026

Essendon’s Mar Lodge Estate is renowned for its historic charm, tree-lined streets, and prestigious reputation. The area offers excellent access to top schools, parks, and lifestyle amenities, making it ideal for families seeking a tranquil yet connected community. With a strong sense of heritage and exclusivity, it remains one of Melbourne’s most sought-after suburbs. The recent high-value sales reflect its desirability, while the spacious blocks provide ample opportunity for bespoke development. Enjoy proximity to the river, sporting clubs, and vibrant local cafes, all within a peaceful, well-established setting.

Can I build a custom family home on this property?
Yes, the property offers a blank canvas with no heritage overlay, allowing you to design and build a bespoke family home subject to council approval.
What potential uses does the land have?
The land can be used for building a new residence or development projects, all subject to local council regulations and approvals.
Is there existing infrastructure on the property?
The property currently features a Californian faΓ§ade, four bedrooms, multiple living areas, and a multi-room bungalow at the rear, with established gardens and trees.
What are the nearby amenities and schools?
The property is close to PEGS, Lowther Hall, St Bernard's, Ave Maria, and St Columba's, with easy access to cafes, parks, sporting clubs, and public transport including city trains and freeways.
Are there any restrictions or covenants on the land?
Yes, the land is subject to a single-dwelling covenant established in 1921, which helps preserve the character of the enclave.
Are there any hidden costs or additional fees associated with developing this property? Has the land been tested for soil stability or environmental issues? Are there any planning or zoning restrictions that could affect my intended use? Is there any history of flooding or bushfire risk in this area? Are there any easements or covenants that could limit development or renovations? What are the council requirements for building permits and approvals? Is there any ongoing or upcoming construction nearby that could impact the property? Are there any restrictions on the types of structures or modifications allowed? Has the property been surveyed recently to confirm boundaries and dimensions? Are there any existing issues with utilities or infrastructure connections?

39 Forrester Street, Essendon, Vic 3040 - More Details

$2,000,000 - $2,200,000

Four doors from the c.1865 homestead that gave the Mar Lodge Estate its name, this 891sqm* marquee holding sits on Forrester Street – where Essendon's most prestigious enclave began. It is one of the few blank canvases left on the estate; a chance to build a family home entirely to your own design.

There is no heritage overlay, and the 18.3m* frontage gives an architect plenty to work with. Behind the Californian faΓ§ade sit four bedrooms, a bathroom and multiple living areas, plus a multi-room bungalow at the rear. The deep backyard is framed by established trees – room for a pool, a proper lawn and a vegetable patch.

The streets here are lined with old trees, and the single-dwelling covenant set when the grounds were subdivided in 1921β€―keeps the enclave as it is. The postcode recently recorded an eight-figure sale, and homes nearby have sold for more than $5 million.

PEGS, Lowther Hall, St Bernard's, Ave Maria and St Columba's are all minutes away. Walk to Buckley and Fawkner Streets for coffee, fresh bread, after-hours drinks and the IGA, with the river, parks, sporting clubs, lifestyle villages, city trains and freeways close by.

Land size: 891sqm*
*Approximately. All potential uses of the property are subject to council approval.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
892 mΒ²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 3 Oct 10:00 am

    Saturday 3 October
    10:00 am - 10:30 am

Auctions

  • 39 Forrester Street, Essendon, Vic 3040

    Wednesday 28 October
    6:00 pm
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Map & nearby places — 39 Forrester Street, Essendon, Vic 3040

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