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
76 Primrose St, Essendon4PriceHouse (Res)Passed in at Auction22/06/2024McDonald UptonView
3/7-9 Queen St, Essendon2PriceUnitPrivate Sale18/06/2024McDonald UptonView
25/82 Raleigh St, Essendon1PriceUnitPrivate Sale30/05/2024Barry Plant
5/29 Raleigh St, Essendon1PriceApartmentPrivate Sale23/05/2024Barry Plant
62 Cooper St, Essendon4PriceHouse (Res)Passed in at Auction22/06/2024Nelson AlexanderView
3/1072 Mt Alexander Rd, Essendon2PriceApartmentPassed in at Auction22/06/2024Di Battista Real EstateView
3/155 Roberts St, Essendon3PriceUnitSold Before Auction21/06/2024WoodardsView

Sales data

Median sale price
$1.7mil
Quarterly price change
-5.5%
Metro Melbourne Comparison
$929k
2%
BedroomsEssendonMetro comparison
2$997,500$920,000
3$1,442,000$810,000
4$1,900,000$965,000
InsightEssendonMetro comparison
Clearance rate72.2%75.3%
Days on market44.540

Rental data

Median weekly rent
$690
Rental yield
2%
Metro Melbourne Comparison
$550
3.1%
BedroomsEssendonMetro comparison
2$520$550
3$650$520
4$935$575
Median data for the current quarter

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