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 | |
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 |