Essendon, VIC 3040
Compare Part of Moonee Valley
7.66 km
Distance from Melbourne 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 | |
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 |