Essendon, VIC 3040
Compare Part of Moonee Valley
7.66 km
Distance from Melbourne CBD
23 k
Population
Auction Times
Sat 29 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 2/22 Fletcher Street 3 1 1 Townhouse | 10:15 AM Sat 29th Feb | Brad Teal Real Estate |
 | 8/22 Fletcher Street 3 1 1 Townhouse | 10:30 AM Sat 29th Feb | Brad Teal Real Estate |
 | 3/6 Cooper Street 3 2 2 Townhouse | 10:30 AM Sat 29th Feb | Burnham Real Estate |
 | 10/2a Cameron Road 3 1 1 Townhouse | 11:00 AM Sat 29th Feb | Nelson Alexander Real Estate |
 | 29 Woolley Street 3 1 4 House | 11:00 AM Sat 29th Feb | Paul McDonald Real Estate |
 | 2 Kalimna Street 3 2 2 House | 12:30 PM Sat 29th Feb | Considine Real Estate |
 | 89 Bradshaw Street 5 2 1 House | 1:00 PM Sat 29th Feb | Barry Plant |
 | 6/137 Woodland Street 1 1 1 Unit | 1:00 PM Sat 29th Feb | Nelson Alexander Real Estate |
 | 28 Ogilvie Street 4 2 2 House | 2:00 PM Sat 29th Feb | Nelson Alexander Real Estate |
 | 257 Pascoe Vale Road 4 1 2 House | 2:30 PM Sat 29th Feb | Nelson Alexander Real Estate |
 | 4/155 Deakin Street 2 1 1 Unit | 3:00 PM Sat 29th Feb | Barry Plant |
 | 4 Amelia Avenue 3 2 2 House | 3:00 PM Sat 29th Feb | Nelson Alexander Real Estate |
 | 38 Lincoln Road 4 2 4 House | 3:30 PM Sat 29th Feb | Considine Real Estate |
Thu 5 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 6/25 Raleigh Street 2 1 1 Apartment | 6:30 PM Thu 5th Mar | Brad Teal Real Estate |
 | 1/8 Glass Street 1 1 1 Apartment | 7:00 PM Thu 5th Mar | Ray White |
Sat 7 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 1/306 Pascoe Vale Road 3 1 2 Unit | 12:00 PM Sat 7th Mar | Nelson Alexander Real Estate |
 | 3/1 Flower Street 3 2 2 Townhouse | 12:00 PM Sat 7th Mar | Barry Plant |
 | 201/973 Mt Alexander Road 2 1 1 Apartment | 12:30 PM Sat 7th Mar | Brad Teal Real Estate |
 | 66a & 66 Market Street 3 2 1 Townhouse | 1:30 PM Sat 7th Mar | Barry Plant |
 | 46 Hoffmans Road 3 2 2 House | 3:00 PM Sat 7th Mar | Barry Plant |
 | 10/23 Daisy Street 2 1 1 Unit | 3:30 PM Sat 7th Mar | Frank Dowling Real Estate |
Median Sale Price
House
$1.41M
Updated on Jan 2020
2 BR $973K | 3 BR $1.26M | 4 BR $1.56M |
Unit
$520K
Updated on Jan 2020
1 BR $333K | 2 BR $520K | 3 BR $823K |
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 | $1,725,000 | +17.1% | $713,000 | $2,110,000 | 7 |
Median Sale Price
$1.43M
Based on 145 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
-7.0%
Current Median Price: $1,430,000
Previous Median Price: $1,530,000
Based on 302 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$450
Updated on Jan 2020
2 BR $390 | 3 BR $450 | 4 BR $725 |
Unit
$370
Updated on Jan 2020
1 BR $300 | 2 BR $395 | 3 BR $500 | 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 | 209 |
| 2020 | $680 | +22.1% | $360 | $1,550 | 19 |
Median Rent Price
$520
per week
Based on 196 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
-7.7%
Current Median Rent: $520
Previous Median Rent: $560
Based on 427 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $1,430,000
Current Median rent: $520
Based on 341 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Essendon
Houses sold in Last 12 months ends 22 Feb 2020
$1.23M
Median Sale Price
77%
Clearance Rate
130/171
Sold/Reported
$2.93M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 4 | |
| $1.8 M - $2 M | 5 | |
| $1.6 M - $1.8 M | 11 | |
| $1.4 M - $1.6 M | 15 | |
| $1.2 M - $1.4 M (Median Price Range) | 15 | |
| $1 M - $1.2 M | 10 | |
| $800 K - $1 M | 17 | |
| $600 K - $800 K | 10 | |
| $400 K - $600 K | 3 | |
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 |