Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Wed 23 Jun
Auction Time Agency
122A Cooper Street
3 2 2 House
6:00 PM
Wed 23rd Jun
Nelson Alexander Real Estate
Sat 26 Jun
Auction Time Agency
6/5 Violet Street
2 1 1 Unit
10:30 AM
Sat 26th Jun
Nelson Alexander Real Estate
2/60 Deakin Street
2 1 2 Townhouse
11:00 AM
Sat 26th Jun
Paul McDonald Real Estate
6/338 Pascoe Vale Road
3 3 1 Townhouse
11:30 AM
Sat 26th Jun
Vicprop
111 Ogilvie Street
3 1 2 House
12:00 PM
Sat 26th Jun
Nelson Alexander Real Estate
4 Jacka Street
4 2 3 House
12:30 PM
Sat 26th Jun
Nelson Alexander Real Estate
7 Cooper Street
4 3 2 House
1:00 PM
Sat 26th Jun
Barry Plant
59 McCracken Street
5 3 3 House
2:00 PM
Sat 26th Jun
Brad Teal Real Estate
Tue 29 Jun
Auction Time Agency
15/18 Raleigh Street
2 1 1 Apartment
6:00 PM
Tue 29th Jun
Nelson Alexander Real Estate
Wed 30 Jun
Auction Time Agency
17/50 Richardson Street
1 1 1 Apartment
6:00 PM
Wed 30th Jun
Nelson Alexander Real Estate
Sat 3 Jul
Auction Time Agency
2/5-9 Grice Crescent
2 1 1 Apartment
10:30 AM
Sat 3rd Jul
Nelson Alexander Real Estate
14 Napier Crescent
4 1 2 House
10:30 AM
Sat 3rd Jul
Nelson Alexander Real Estate
14A Forrester Street
2 1 1 House
11:00 AM
Sat 3rd Jul
Considine Real Estate
2/87 Spencer Street
2 1 1 Townhouse
11:00 AM
Sat 3rd Jul
Burnham Real Estate
11/20 Fitzgerald Road
2 1 1 Apartment
12:00 PM
Sat 3rd Jul
Stockdale & Leggo
2/36 Price Street
2 1 1 Townhouse
12:30 PM
Sat 3rd Jul
Paul McDonald Real Estate
90 McPherson Street
3 1 1 House
1:00 PM
Sat 3rd Jul
Nelson Alexander Real Estate
49 Glass Street
2 1 2 House
1:30 PM
Sat 3rd Jul
Nelson Alexander Real Estate
1/11 Spencer Street
2 1 1 Apartment
2:00 PM
Sat 3rd Jul
Paul McDonald Real Estate
Median Sale Price
House
$1.49M
Updated on Apr 2021
2 BR
$1.32M
3 BR
$1.32M
4 BR
$1.68M
Unit
$590K
Updated on Apr 2021
1 BR
$336K
2 BR
$554K
3 BR
$807K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$823,000
0.0% $331,500 $2,150,000 197
2010
$1,004,000
+18.0% $450,000 $13,000,000 212
2011
$925,000
-8.5% $450,000 $2,925,000 169
2012
$935,000
+1.1% $272,250 $2,225,000 202
2013
$900,000
-3.9% $495,000 $3,745,000 252
2014
$945,500
+4.8% $365,500 $3,100,000 215
2015
$1,228,000
+23.0% $260,000 $3,125,000 202
2016
$1,385,000
+11.3% $471,000 $4,400,000 182
2017
$1,500,000
+7.7% $580,500 $3,780,000 157
2018
$1,530,000
+2.0% $369,000 $6,850,000 153
2019
$1,430,000
-7.0% $720,000 $2,800,000 153
2020
$1,505,000
+5.0% $713,000 $3,500,000 122
2021
$1,675,000
+10.1% $725,000 $4,000,000 97
Median Sale Price
$1.63M
Based on 167 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+8.0%
Current Median Price: $1,630,000
Previous Median Price: $1,500,000
Based on 302 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$505
Updated on May 2021
2 BR
$423
3 BR
$498
4 BR
$750
Unit
$370
Updated on May 2021
1 BR
$310
2 BR
$380
3 BR
$530
4 BR
$700
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$420
0.0% $220 $1,100 172
2012
$420
0.0% $250 $1,800 200
2013
$440
+4.5% $230 $1,295 209
2014
$450
+2.2% $2 $1,850 173
2015
$450
0.0% $230 $1,400 251
2016
$480
+6.3% $280 $1,550 249
2017
$520
+7.7% $250 $1,500 243
2018
$550
+5.5% $235 $1,500 234
2019
$530
-3.8% $260 $1,350 211
2020
$550
+3.6% $290 $1,550 194
2021
$595
+7.6% $300 $1,600 93
Median Rent Price
$550
per week
Based on 200 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 392 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.8%
Current Median Price: $1,630,000
Current Median rent: $550
Based on 367 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)

Auction Results For Essendon

Houses sold in Last 12 months ends 19 Jun 2021

$1.62M

Median Sale Price

91%

Clearance Rate

120/133

Sold/Reported

$4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 4
$2 M - $3 M 25
$1.8 M - $2 M 13
$1.6 M - $1.8 M
(Median Price Range)
12
$1.4 M - $1.6 M 17
$1.2 M - $1.4 M 21
$1 M - $1.2 M 8
$800 K - $1 M 7

Schools closest to Essendon, VIC 3040

School name Address Type Sector Distance
St Columba's College Ltd 2 LESLIE ROADEssendon 3040 Secondary Catholic 0.34 km
Essendon Primary School 38 RALEIGH STREETEssendon 3040 Primary Government 0.43 km
Lowther Hall Anglican Grammar SchoolTop 50 17 LESLIE RDEssendon 3040 Combined Independent 0.54 km
St Monica's Primary School 20 ROBINSON STMoonee Ponds 3039 Primary Catholic 0.75 km
St Therese's School EDWARD STEssendon 3040 Primary Catholic 0.76 km
Resurrection House 6 ABERFELDIE STEssendon 3040 Primary Catholic 1.07 km
St Vincent de Paul School WOODLAND STStrathmore 3041 Primary Catholic 1.51 km
Moonee Ponds West Primary School 150 ATHOL STREETMoonee Ponds 3039 Primary Government 1.68 km
Moonee Ponds Primary School WILSON STREETMoonee Ponds 3039 Primary Government 1.69 km
Ave Maria College 20-22 VIDA STAberfeldie 3040 Secondary Catholic 1.72 km