Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Sat 9 Jul
Auction Time Agency
72A Tennyson Street
3 2 2 Townhouse
10:00 AM
Sat 9th Jul
Nelson Alexander Real Estate
2/11 Winifred Street
2 2 1 Townhouse
2:00 PM
Sat 9th Jul
Brad Teal Real Estate
6/3 Forbes Street
2 1 1 Unit
2:00 PM
Sat 9th Jul
Brad Teal Real Estate
Sat 16 Jul
Auction Time Agency
3/37 Miller Street
3 1 1 Unit
10:00 AM
Sat 16th Jul
Nelson Alexander Real Estate
82 McPherson Street
5 1 2 House
11:00 AM
Sat 16th Jul
Brad Teal Real Estate
4 Edward Street
5 3 8 House
12:30 PM
Sat 16th Jul
Considine Real Estate
16 Deakin Street
4 2 2 House
12:30 PM
Sat 16th Jul
Brad Teal Real Estate
115 Lincoln Road
3 1 1 House
1:30 PM
Sat 16th Jul
MATTHEWS.
Median Sale Price
House
$1.86M
Updated on May 2022
2 BR
$1.35M
3 BR
$1.75M
4 BR
$2.08M
Unit
$580K
Updated on May 2022
1 BR
$340K
2 BR
$576K
3 BR
$955K
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
$1,507,000
+8.1% $580,500 $4,535,000 157
2018
$1,530,000
+1.5% $369,000 $6,850,000 153
2019
$1,447,000
-5.7% $685,000 $4,400,000 156
2020
$1,600,000
+9.6% $713,000 $3,500,000 126
2021
$1,750,000
+8.6% $700,000 $6,325,000 234
2022
$2,060,000
+15.0% $540,000 $3,750,000 102
Median Sale Price
$1.89M
Based on 222 recorded sales within the last 12 months
Updated on 8 Jul 2022
Suburb Growth
+13.0%
Current Median Price: $1,890,000
Previous Median Price: $1,645,000
Based on 402 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2022)
Price Range Segments (12 months ending Jun 2022)
Median Weekly Rent Price
House
$550
Updated on May 2022
2 BR
$448
3 BR
$530
4 BR
$800
Unit
$365
Updated on May 2022
1 BR
$300
2 BR
$380
3 BR
$540
4 BR
$765
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 $1,550 195
2021
$520
-5.8% $250 $1,600 219
2022
$550
+5.5% $257 $1,350 113
Median Rent Price
$530
per week
Based on 205 recorded rent within the last 12 months
Updated on 8 Jul 2022
Rent Price Growth
0.0%
Current Median Rent: $530
Previous Median Rent: $530
Based on 429 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.5%
Current Median Price: $1,890,000
Current Median rent: $530
Based on 427 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2022)

Auction Results For Essendon

Houses sold in Last 12 months ends 2 Jul 2022

$1.95M

Median Sale Price

79%

Clearance Rate

160/205

Sold/Reported

$3.75M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 7
$2 M - $3 M 53
$1.8 M - $2 M
(Median Price Range)
15
$1.6 M - $1.8 M 17
$1.4 M - $1.6 M 14
$1.2 M - $1.4 M 10
$1 M - $1.2 M 4
$800 K - $1 M 4
$600 K - $800 K 2
$400 K - $600 K 1

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