Market snapshot

Suburb insights for Essendon3040

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Essendon is located 8 km north-west of the CBD and bounded by Moonee Ponds Creek in the east. The neighbourhood is focused around the Essendon Junction activity centre which comprises commercial and a social/sporting focus to the east and west of Mt Alexander Road the Essendon Station Rose Street and Buckley Street.Essendon is well served by public transport with Essendon Station being a core transport hub. Essendon exhibits a rich architectural history reflected in large areas of heritage recognition.

Recent sales and auction results in Essendon

AddressBedroomsPriceTypeMethodSale DateAgentListing
1/60 Deakin St, Essendon3PriceUnitPassed in at Auction30/05/2025Barry PlantView
57 Deakin St, Essendon4PriceHouseAuction Sale30/05/2025Jellis CraigView
1/28 Gilbertson St, Essendon2PriceUnitAuction Sale30/05/2025Barry PlantView
101/314 Pascoe Vale Rd, Essendon2PriceUnitPassed in Vendor Bid30/05/2025McDonald Upton
7/14 Raleigh St, Essendon2PriceApartmentAuction Sale30/05/2025WoodardsView
17 William St, Essendon5PriceHousePassed in Vendor Bid30/05/2025McDonald Upton
1/26 Winifred St, Essendon3PriceTownhousePassed in at Auction30/05/2025Barry Plant
18/947 Mt Alexander Rd, Essendon2PriceUnitPrivate Sale16/05/2025Nelson Alexander
3/7 Overman Ct, EssendonPriceTownhousePrivate Sale14/05/2025Matthews Agency
1/123 Roberts St, Essendon3PriceHouseSold Before Auction13/05/2025WoodardsView
185 Napier St, Essendon3PriceHousePrivate Sale11/05/2025McDonald Upton
4/9 Ardoch St, Essendon3PriceTownhouseAuction Sale30/05/2025Jellis CraigView
13 Lyon St, Essendon4PriceHouseAuction Sale30/05/2025McDonald UptonView
2/2 Clarinda Rd, EssendonPriceTownhousePrivate Sale11/05/2025Matthews AgencyView
2/36 Collins St, Essendon1PriceApartmentPrivate Sale4/05/2025Nelson AlexanderView

Sales data

Median sale price
$1.6mil
Quarterly price change
-5.2%
Metro Melbourne Comparison
$923k
2.7%
BedroomsEssendonMetro comparison
2$1,088,000$881,200
3$1,560,000$810,000
4$1,965,000$942,350
InsightEssendonMetro comparison
Clearance rate70%78.5%
Days on market4942

Rental data

Median weekly rent
$660
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
BedroomsEssendonMetro comparison
2$540$580
3$650$550
4$965$600
Median data for the current quarter
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