Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Sat 6 Jun
Auction Time Agency
1/8 Glass Street
1 1 1 Apartment
10:00 AM
Sat 6th Jun
Nelson Alexander Real Estate
5a Overman Court
4 2 2 House
11:00 AM
Sat 6th Jun
Nelson Alexander Real Estate
61 King Street
3 1 1 House
12:00 PM
Sat 6th Jun
Barry Plant
Sat 13 Jun
Auction Time Agency
4 Woolley Street
3 1 1 House
11:00 AM
Sat 13th Jun
Barry Plant
4/8 Kendall Street
3 2 2 Townhouse
11:00 AM
Sat 13th Jun
Nelson Alexander Real Estate
8A Florence Street
4 2 1 House
12:30 PM
Sat 13th Jun
Brad Teal Real Estate
1/6 Ballater Street
2 1 1 Unit
12:30 PM
Sat 13th Jun
Barry Plant
117 Primrose Street
3 1 2 House
12:30 PM
Sat 13th Jun
Brad Teal Real Estate
2/154 Spencer Street
2 1 1 Townhouse
1:00 PM
Sat 13th Jun
Frank Dowling Real Estate
2/161 Deakin Street
2 1 1 Unit
2:00 PM
Sat 13th Jun
Barry Plant
64 King Street
4 4 4 House
2:30 PM
Sat 13th Jun
Nelson Alexander Real Estate
64 King Street
4 4 4 House
2:30 PM
Sat 13th Jun
Nelson Alexander Real Estate
Median Sale Price
House
-
Updated on Apr 2020
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 2020
1 BR
-
2 BR
-
3 BR
-
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
$1,537,000
+2.4% $369,000 $6,850,000 153
2019
$1,430,000
-7.5% $720,000 $2,800,000 153
2020
$1,460,000
+2.1% $713,000 $2,850,000 45
Median Sale Price
$1.5M
Based on 132 recorded sales within the last 12 months
Updated on 4 Jun 2020
Suburb Growth
+3.0%
Current Median Price: $1,500,000
Previous Median Price: $1,455,000
Based on 281 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$550
Updated on Apr 2020
2 BR
$450
3 BR
$500
4 BR
$800
Unit
$395
Updated on Apr 2020
1 BR
$328
2 BR
$400
3 BR
$535
4 BR
$750
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 $1,350 210
2020
$670
+20.9% $360 $1,550 71
Median Rent Price
$550
per week
Based on 185 recorded rent within the last 12 months
Updated on 4 Jun 2020
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 414 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $1,500,000
Current Median rent: $550
Based on 317 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)

Auction Results For Essendon

Houses sold in Last 12 months ends 30 May 2020

$1.32M

Median Sale Price

79%

Clearance Rate

105/134

Sold/Reported

$2.93M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 4
$1.8 M - $2 M 4
$1.6 M - $1.8 M 10
$1.4 M - $1.6 M 14
$1.2 M - $1.4 M
(Median Price Range)
15
$1 M - $1.2 M 6
$800 K - $1 M 9
$600 K - $800 K 7
$400 K - $600 K 2

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