Essendon, VIC 3040
Compare Part of Moonee Valley
7.66 km
Distance from Melbourne CBD
23 k
Population
Auction Times
Wed 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 113 Woodland Street 5 3 6 House | 7:00 PM Wed 30th Nov | Paul McDonald Real Estate |
Sat 3 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 20B Levien Street 3 2 2 House | 12:30 PM Sat 3rd Dec | Paul McDonald Real Estate |
 | 2/51 Deakin Street 3 1 1 Unit | 1:00 PM Sat 3rd Dec | Barry Plant |
 | 12 Mountain Street 2 1 1 House | 1:00 PM Sat 3rd Dec | Barry Plant |
 | 4/6 Ballater Street 2 1 1 Unit | 2:00 PM Sat 3rd Dec | MATTHEWS. |
Wed 7 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 20A Buckley Street 3 2 2 House | 7:00 PM Wed 7th Dec | Considine Real Estate |
Sat 10 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 1/24 Wright Street 2 1 2 Villa | 10:00 AM Sat 10th Dec | Considine Real Estate |
 | 2/82 Richardson Street 2 2 1 Townhouse | 10:00 AM Sat 10th Dec | Barry Plant |
 | 11 Brewster Street 4 1 2 House | 11:00 AM Sat 10th Dec | Brad Teal Real Estate |
 | 3/14 Balmoral Street 3 1 1 Unit | 11:00 AM Sat 10th Dec | Paul McDonald Real Estate |
 | 3/29 Daisy Street 3 1 1 Apartment | 11:00 AM Sat 10th Dec | Brad Teal Real Estate |
 | 1/24 Queen Street 2 1 1 Unit | 11:00 AM Sat 10th Dec | Hocking Stuart |
 | 107 Deakin Street 3 1 2 House | 12:00 PM Sat 10th Dec | Nelson Alexander Real Estate |
 | 504/40 Collins Street 2 2 1 Apartment | 12:30 PM Sat 10th Dec | IWealth Property Management |
 | 28A Braemar Street 2 1 1 House | 12:30 PM Sat 10th Dec | Considine Real Estate |
 | 102a Roberts Street 4 2 5 House | 2:00 PM Sat 10th Dec | Brad Teal Real Estate |
 | 102a Roberts Street 4 2 5 House | 2:00 PM Sat 10th Dec | Brad Teal Real Estate |
 | 58 Hedderwick Street 5 3 4 House | 2:00 PM Sat 10th Dec | Barry Plant |
Median Sale Price
House
-
Updated on Sep 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2022
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 | $3,750,000 | 164 |
Median Sale Price
$1.86M
Based on 194 recorded sales within the last 12 months
Updated on 29 Nov 2022
Suburb Growth
+5.1%
Current Median Price: $1,860,000
Previous Median Price: $1,765,000
Based on 420 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$550
Updated on Sep 2022
2 BR $450 | 3 BR $515 | 4 BR $800 |
Unit
$373
Updated on Sep 2022
1 BR $310 | 2 BR $395 | 3 BR $525 | 4 BR $797 |
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 | 211 |
| 2020 | $550 | +3.6% | $290 | $1,550 | 195 |
| 2021 | $520 | -5.8% | $250 | $1,600 | 219 |
| 2022 | $560 | +7.1% | $257 | $1,400 | 193 |
Median Rent Price
$550
per week
Based on 213 recorded rent within the last 12 months
Updated on 29 Nov 2022
Rent Price Growth
+5.5%
Current Median Rent: $550
Previous Median Rent: $520
Based on 430 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.5%
Current Median Price: $1,860,000
Current Median rent: $550
Based on 407 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)
Auction Results For Essendon
Houses sold in Last 12 months ends 26 Nov 2022
$1.88M
Median Sale Price
72%
Clearance Rate
130/182
Sold/Reported
$3.75M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 7 | |
| $2 M - $3 M | 35 | |
| $1.8 M - $2 M (Median Price Range) | 15 | |
| $1.6 M - $1.8 M | 12 | |
| $1.4 M - $1.6 M | 9 | |
| $1.2 M - $1.4 M | 12 | |
| $1 M - $1.2 M | 10 | |
| $800 K - $1 M | 3 | |
| $600 K - $800 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 |