Essendon North, VIC 3041
Compare Part of Moonee Valley
9.01 km
Distance from Melbourne CBD
11 k
Population
Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 407/64 Keilor Road 2 2 1 Apartment | 10:30 AM Sat 27th Apr | Paul McDonald Real Estate |
 | 2c Cowper Street 4 3 2 House | 11:30 AM Sat 27th Apr | Jellis Craig – Ivanhoe |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $630,000 | 0.0% | $205,000 | $1,300,000 | 26 |
| 2010 | $855,000 | +26.3% | $205,000 | $1,500,000 | 29 |
| 2011 | $825,000 | -3.6% | $508,000 | $1,600,000 | 15 |
| 2012 | $710,000 | -16.2% | $461,000 | $942,500 | 17 |
| 2013 | $750,000 | +5.3% | $390,000 | $1,360,000 | 21 |
| 2014 | $860,000 | +12.8% | $375,000 | $1,005,000 | 24 |
| 2015 | $680,000 | -26.5% | $315,000 | $1,410,000 | 29 |
| 2016 | $1,061,000 | +35.9% | $395,000 | $1,605,000 | 19 |
| 2017 | $1,235,000 | +14.1% | $490,000 | $2,550,000 | 21 |
| 2018 | $1,092,500 | -13.0% | $710,000 | $1,260,000 | 7 |
| 2019 | $1,100,000 | +0.7% | $775,000 | $1,730,000 | 16 |
| 2020 | $1,260,000 | +12.7% | $745,000 | $1,960,000 | 19 |
| 2021 | $1,400,000 | +10.0% | $885,000 | $2,120,000 | 29 |
| 2022 | $1,550,000 | +9.7% | $330,000 | $2,156,000 | 18 |
| 2023 | $1,400,000 | -10.7% | $375,000 | $2,060,000 | 15 |
| 2024 | $1,250,000 | -12.0% | $805,000 | $1,945,000 | 12 |
Median Sale Price
$1.25M
Based on 20 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
-12.0%
Current Median Price: $1,250,000
Previous Median Price: $1,400,000
Based on 38 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $395 | 0.0% | $320 | $600 | 11 |
| 2012 | $450 | +12.2% | $280 | $600 | 14 |
| 2013 | $420 | -7.1% | $280 | $1,000 | 28 |
| 2014 | $400 | -5.0% | $250 | $630 | 19 |
| 2015 | $365 | -9.6% | $250 | $575 | 22 |
| 2016 | $415 | +12.0% | $330 | $850 | 18 |
| 2017 | $445 | +6.7% | $350 | $790 | 31 |
| 2018 | $500 | +11.0% | $310 | $750 | 17 |
| 2019 | $450 | -11.1% | $350 | $690 | 19 |
| 2020 | $451 | +0.2% | $290 | $870 | 31 |
| 2021 | $540 | +16.5% | $315 | $750 | 38 |
| 2022 | $520 | -3.8% | $300 | $950 | 30 |
| 2023 | $475 | -9.5% | $410 | $1,300 | 37 |
| 2024 | $980 | +51.5% | $480 | $1,250 | 6 |
Median Rent Price
$480
per week
Based on 35 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
-12.5%
Current Median Rent: $480
Previous Median Rent: $540
Based on 63 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,250,000
Current Median rent: $480
Based on 55 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Essendon North
Houses sold in Last 12 months ends 13 Apr 2024
$1.09M
Median Sale Price
67%
Clearance Rate
10/15
Sold/Reported
$1.7M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 3 | |
| less than $400 K | 1 | |
Similar Suburbs to Essendon North 3041
Based on median house sale price sold in last 12 months
Schools closest to Essendon North, VIC 3041
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Therese's School | EDWARD STEssendon 3040 | Primary | Catholic | 0.75 km |
| Essendon North Primary School | 112 KEILOR ROADEssendon North 3041 | Primary | Government | 0.7 km |
| Strathmore Primary School | LLOYD STREETStrathmore 3041 | Primary | Government | 1.2 km |
| Buckley Park College | COOPER STREETEssendon 3040 | Secondary | Government | 1.17 km |
| Resurrection House | 6 ABERFELDIE STEssendon 3040 | Primary | Catholic | 1.43 km |
| St Columba's College Ltd | 2 LESLIE ROADEssendon 3040 | Secondary | Catholic | 1.52 km |
| Essendon Primary School | 38 RALEIGH STREETEssendon 3040 | Primary | Government | 1.37 km |
| St Vincent de Paul School | WOODLAND STStrathmore 3041 | Primary | Catholic | 1.3 km |
| Lowther Hall Anglican Grammar SchoolTop 50 | 17 LESLIE RDEssendon 3040 | Combined | Independent | 1.74 km |
| Ave Maria College | 20-22 VIDA STAberfeldie 3040 | Secondary | Catholic | 1.72 km |