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
78 Deakin St, Essendon4PriceHouseSold Before Auction24/07/2025Matthews AgencyView
320/1044-1046 Mt Alexander Rd, Essendon2PriceApartmentSold Before Auction22/07/2025McDonald UptonView
101/23 Russell St, Essendon2PriceApartmentPrivate Sale17/07/2025Barry PlantView
6/137 Woodland St, Essendon1PriceFlatPrivate Sale16/07/2025Barry Plant
15/96 Glass St, Essendon1PriceUnitPrivate Sale10/07/2025Nelson AlexanderView
3/119 Buckley St, Essendon1PriceApartmentPrivate Sale9/07/2025Barry PlantView
2/89 Tennyson St, Essendon2PriceUnitPrivate Sale15/07/2025WoodardsView
121 Market St, Essendon2PriceHousePrivate Sale10/07/2025Whitefox Real Estate

Sales data

Median sale price
$1.7mil
Quarterly price change
3.2%
Metro Melbourne Comparison
$924k
0.4%
BedroomsEssendonMetro comparison
2$1,060,000$890,000
3$1,470,000$815,000
4$2,020,000$950,000
InsightEssendonMetro comparison
Clearance rate75.9%79.5%
Days on market4739

Rental data

Median weekly rent
$695
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsEssendonMetro comparison
2$500$580
3$660$550
4$970$600
Median data for the current quarter
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