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
10/19 Fletcher St, Essendon 2 Apartment Auction Sale 13/04/2019 Nelson Alexander
129 Hedderwick St, Essendon 3 House (Res) Auction Sale 13/04/2019 Rendina
4/91 Lincoln Rd, Essendon 1 Unit Sold Before Auction 12/04/2019 Brad Teal
164 Spencer St, Essendon 4 House (Res) Auction Sale 13/04/2019 Jellis Craig

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

Median Sale Price

$1.5mil

Metro Melbourne

$797k

Quarterly Price Change

-7.6%

Metro Melbourne

-3.7%

Median Rent

$525

Metro Melbourne

$450

Rental Yield

1.8%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 41.7% 45.1%
Days on Market 48 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,055,000 $870,000
3 Bedrooms $1,385,000 $733,000
4 Bedrooms $1,807,500 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $440 $490
3 Bedrooms $500 $420
4 Bedrooms $800 $480

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

Median Sale Price

$530k

Metro Melbourne

$589k

Quarterly Price Change

9.3%

Metro Melbourne

-1.7%

Median Rent

$370

Metro Melbourne

$420

Rental Yield

3.9%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 41.7% 45.1%
Days on Market 48 42
Median price by Bedrooms Suburb Metro
1 Bedroom $370,000 $370,000
2 Bedrooms $521,250 $571,000
3 Bedrooms $865,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $320 $370
2 Bedrooms $390 $440
3 Bedrooms $505 $521

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