Suburb

Market snapshot

Suburb insights for Essendon3040

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Essendon, approximately 8 km northwest of the city, is a prestigious and well-established suburb with grand period homes, leafy streets, and excellent schools. Known for its café culture along Rose Street and strong public transport, Essendon draws families, professionals, and downsizers seeking both convenience and charm.

Recent sales and auction results in Essendon

AddressBedroomsPriceTypeMethodSale DateAgentListing
2/128 Deakin St, Essendon2PriceUnitAuction Sale5/12/2025Nelson AlexanderView
8/3 Flower St, Essendon2PriceUnitAuction Sale5/12/2025Jellis CraigView
8 Mackay St, Essendon4PriceHouseAuction Sale5/12/2025Jellis CraigView
27 Mackay St, Essendon4PriceHouseAuction Sale5/12/2025Nelson AlexanderView
30 Raleigh St, Essendon4PriceHousePassed in at Auction5/12/2025WoodardsView
133A Deakin St, Essendon2PriceUnitAuction Sale1/12/2025Barry PlantView
5/112-114 Mcpherson St, Essendon2PriceFlatPrivate Sale27/11/2025Barry PlantView
20 Market St, Essendon4PriceHouseSold Before Auction21/11/2025McDonald UptonView
5/16 Schofield St, Essendon2PriceUnitSold Before Auction27/11/2025Jellis CraigView
303/314 Pascoe Vale Rd, Essendon2PriceApartmentPrivate Sale9/11/2025Jellis CraigView

Sales data

Median sale price
$1.9mil
Quarterly price change
10.3%
Metro Melbourne Comparison
$955k
2.7%
BedroomsEssendonMetro comparison
2$1,262,500$910,000
3$1,480,000$830,000
4$2,080,000$951,500
InsightEssendonMetro comparison
Clearance rate73.8%81.4%
Days on market4236

Rental data

Median weekly rent
$695
Rental yield
2.1%
Metro Melbourne Comparison
$580
3.3%
BedroomsEssendonMetro comparison
2$500$580
3$680$550
4$1,000$600
Median data for the current quarter

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