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
34 Cooper St, Essendon4PriceHouse (Res)Auction Sale20/07/2024McDonald UptonView
10 Fuller St, Essendon3PriceHouse (Res)Passed in at Auction20/07/2024Jellis CraigView
15 Mackay St, Essendon3PriceHouse (Res)Auction Sale20/07/2024Jellis CraigView
114/1050 Mt Alexander Rd, Essendon2PriceApartmentPrivate Sale9/07/2024Barry PlantView
503/1050 Mt Alexander Rd, Essendon2PriceUnitPrivate Sale6/07/2024Barry PlantView
208/956 Mt Alexander Rd, Essendon2PriceUnitPrivate Sale25/06/2024Barry PlantView
13/949-953 Mt Alexander Rd, EssendonPriceUnitAuction Sale20/07/2024WoodardsView
27 Bradshaw St, Essendon4PriceHouse (Res)Private Sale16/07/2024McDonald UptonView
707/19 Russell St, Essendon2PriceUnitPrivate Sale27/06/2024Nelson AlexanderView
121 Roberts St, Essendon4PriceHouse (Res)Private Sale22/06/2024Barry PlantView
6/38 Lawson St, Essendon3PriceTownhouse (Res)Private Sale20/06/2024Barry PlantView
2/356 Buckley St, Essendon3PriceUnitPrivate Sale8/05/2024WoodardsView
62 Cooper St, Essendon4PriceHouse (Res)Private Sale29/02/2024Nelson AlexanderView
1/32 Richardson St, Essendon1PriceUnitPrivate Sale25/05/2023Nelson Alexander

Sales data

Median sale price
$1.9mil
Quarterly price change
11.3%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsEssendonMetro comparison
2$1,038,000$902,500
3$1,605,000$810,000
4$1,870,000$955,000
InsightEssendonMetro comparison
Clearance rate62.8%73.8%
Days on market4542

Rental data

Median weekly rent
$690
Rental yield
2%
Metro Melbourne Comparison
$560
3.2%
BedroomsEssendonMetro comparison
2$530$550
3$650$540
4$975$580
Median data for the current quarter
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