Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Sat 6 Apr
Auction Time Agency
1/30 Ballater Street
2 1 1 Apartment
10:30 AM
Sat 6th Apr
Nelson Alexander Real Estate
1/30 Ballater Street
2 1 1 Apartment
10:30 AM
Sat 6th Apr
Nelson Alexander Real Estate
3/13 Washington Street
2 2 1 Townhouse
12:30 PM
Sat 6th Apr
Barry Plant
18/50 Richardson Street
1 1 1 Apartment
12:30 PM
Sat 6th Apr
Brad Teal Real Estate
18/50 Richardson Street
1 1 1 Apartment
12:30 PM
Sat 6th Apr
Brad Teal Real Estate
3/13 Washington Street
2 2 1 Townhouse
12:30 PM
Sat 6th Apr
Barry Plant
10/11 Winifred Street
2 1 1 Unit
1:00 PM
Sat 6th Apr
Brad Teal Real Estate
1/372 Buckley Street
3 2 4 Unit
3:00 PM
Sat 6th Apr
Nelson Alexander Real Estate
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
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
$1,507,000
+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
$1,890,000
+7.4% $540,000 $6,500,000 178
2023
$1,811,000
-4.4% $415,000 $6,000,000 160
2024
$1,650,000
-9.8% $1,015,000 $5,950,000 47
Median Sale Price
$1.75M
Based on 176 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-8.0%
Current Median Price: $1,750,000
Previous Median Price: $1,890,000
Based on 342 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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
$530
+9.4% $250 $1,500 243
2018
$550
+3.6% $235 $1,500 235
2019
$530
-3.8% $260 $1,350 212
2020
$550
+3.6% $290 $1,550 195
2021
$520
-5.8% $250 $1,600 219
2022
$580
+10.3% $257 $1,600 231
2023
$650
+10.8% $300 $4,020 192
2024
$750
+13.3% $430 $1,150 27
Median Rent Price
$675
per week
Based on 168 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+11.9%
Current Median Rent: $675
Previous Median Rent: $595
Based on 376 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,750,000
Current Median rent: $675
Based on 344 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Essendon

Houses sold in Last 12 months ends 23 Mar 2024

$1.6M

Median Sale Price

63%

Clearance Rate

76/122

Sold/Reported

$3.39M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 10
$1.8 M - $2 M 5
$1.6 M - $1.8 M
(Median Price Range)
10
$1.4 M - $1.6 M 10
$1.2 M - $1.4 M 9
$1 M - $1.2 M 3
$800 K - $1 M 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