Market snapshot
Suburb insights for Essendon3040
Change suburbEssendon, 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 22 Collins St, Essendon | 5 |  | House | Passed in at Auction | 28/08/2026 | McDonald Upton | View |
| 5/33 Lawson St, Essendon | 2 |  | Townhouse | Sold Before Auction | 25/08/2026 | Jellis Craig | View |
| 103/973 Mount Alexander Rd, Essendon | 1 |  | Apartment | Private Sale | 14/08/2026 | Eview Nostro Real Estate | |
| 61 Mccracken St, Essendon | 5 |  | House | Auction Sale | 25/08/2026 | Jellis Craig | View |
| 99 Hedderwick St, Essendon | 5 | | House | Private Sale | 11/08/2026 | McDonald Upton | View |
| 4/29 Raleigh St, Essendon | 1 | | Unit | Sold Before Auction | 6/08/2026 | Raine & Horne Ascot Vale | View |
Sales data
Median sale price
$1.8mil
Quarterly price change
-2.9%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,242,500 | $950,000 |
| 3 | $1,615,000 | $872,000 |
| 4 | $2,060,000 | $990,000 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 73% | 68.8% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$700
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $510 | $600 |
| 3 | $735 | $560 |
| 4 | $900 | $600 |
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