Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Sat 30 Jan
Auction Time Agency
47 Mary Street
4 2 2 House
1:00 PM
Sat 30th Jan
Brad Teal Real Estate
98 Deakin Street
3 2 2 House
2:00 PM
Sat 30th Jan
Nelson Alexander Real Estate
Sat 6 Feb
Auction Time Agency
8a Eric Street
4 3 4 House
11:00 AM
Sat 6th Feb
Barry Plant
137a Roberts Street
3 2 1 Townhouse
11:00 AM
Sat 6th Feb
Barry Plant
128 Ogilvie Street
4 2 2 House
2:00 PM
Sat 6th Feb
Nelson Alexander Real Estate
3/9 Raleigh Street
2 1 1 Villa
2:00 PM
Sat 6th Feb
Nelson Alexander Real Estate
75 Nimmo Street
4 2 2 House
2:00 PM
Sat 6th Feb
Jellis Craig
Median Sale Price
House
$1.42M
Updated on Dec 2020
2 BR
$1.12M
3 BR
$1.28M
4 BR
$1.74M
Unit
$550K
Updated on Dec 2020
1 BR
$340K
2 BR
$530K
3 BR
$803K
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
$1,530,000
+2.0% $369,000 $6,850,000 153
2019
$1,430,000
-7.0% $720,000 $2,800,000 153
2020
$1,505,000
+5.0% $713,000 $3,500,000 121
2021
$1,265,000
-19.0% $1,265,000 $1,265,000 2
Median Sale Price
$1.52M
Based on 121 recorded sales within the last 12 months
Updated on 24 Jan 2021
Suburb Growth
+5.9%
Current Median Price: $1,520,000
Previous Median Price: $1,430,000
Based on 275 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$520
Updated on Dec 2020
2 BR
$440
3 BR
$500
4 BR
$745
Unit
$388
Updated on Dec 2020
1 BR
$320
2 BR
$400
3 BR
$523
4 BR
$700
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 $1,550 191
2021
-
- - - -
Median Rent Price
$550
per week
Based on 175 recorded rent within the last 12 months
Updated on 24 Jan 2021
Rent Price Growth
+3.6%
Current Median Rent: $550
Previous Median Rent: $530
Based on 389 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $1,520,000
Current Median rent: $550
Based on 296 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Essendon

Houses sold in Last 12 months ends 23 Jan 2021

$1.46M

Median Sale Price

77%

Clearance Rate

66/86

Sold/Reported

$3.5M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 2
$2 M - $3 M 9
$1.8 M - $2 M 8
$1.6 M - $1.8 M 5
$1.4 M - $1.6 M
(Median Price Range)
9
$1.2 M - $1.4 M 12
$1 M - $1.2 M 7
$800 K - $1 M 5
$600 K - $800 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