Essendon, VIC 3040
Compare Part of Moonee Valley
7.66 km
Distance from Melbourne 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 | |
Similar Suburbs to Essendon 3040
Based on median house sale price sold in last 12 months
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 |