Profile for Essendon

3040

Essendon is located 9 km north-west of the CBD. Bounded by Moonee Ponds Creek in the east and Steele Creek in the west Essendon is primarily a residential suburb with some commercial areas on Fletcher St Napier St and Mt Alexander Rd. The area has a relatively professional population with about a third of those working employed as managers administrators and professionals. The suburb also features the Essendon Cricket Club Buckley Allison and Lincoln Parks and the Broadmeadows Railway line.

Recent Sales & Auction Results in Essendon

Address Price Type Method Sale Date Agent
Property List
7/14 Raleigh St, Essendon 2 Unit Passed in Vendor Bid 15/12/2018 Red Dot Real Estate
80 Mcpherson St, Essendon 4 House (Res) Passed in at Auction 12/12/2018 Rendina
9/139 Woodland St, Essendon 2 Apartment Sold Before Auction 05/12/2018 Nelson Alexander

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$1.7mil

Metro Melbourne

$834k

Quarterly Price Change

13.3%

Metro Melbourne

0.0%

Median Rent

$500

Metro Melbourne

$450

Rental Yield

1.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 42.9% 46.1%
Days on Market 46.5 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,200,000 $895,000
3 Bedrooms $1,321,000 $744,750
4 Bedrooms $1,897,500 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $450 $480
3 Bedrooms $500 $420
4 Bedrooms $750 $475

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$485k

Metro Melbourne

$604k

Quarterly Price Change

8.9%

Metro Melbourne

0.2%

Median Rent

$365

Metro Melbourne

$420

Rental Yield

3.7%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 42.9% 46.1%
Days on Market 46.5 38
Median price by Bedrooms Suburb Metro
1 Bedroom $355,000 $375,000
2 Bedrooms $518,250 $575,000
3 Bedrooms $884,500 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $310 $365
2 Bedrooms $383 $431
3 Bedrooms $495 $520

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