Profile for Essendon

3040

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. Two train stations serve Essendon, the route 59 tram and 12 bus routes. Numerous bus services terminate at Essendon Station making the activity centre a core transport hub. Essendon exhibits a rich architectural history reflected in large areas of heritage recognition. The Windy Hill sporting ground is home to a variety of other sporting clubs. The precinct is a defining element of Essendon’s character, along with the many schools in the neighbourhood. There is a range of open spaces surrounding Essendon, including Montgomery Park and includes the Essendon Traffic School.

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Recent Sales & Auction Results in Essendon

Address Price Type Method Sale Date Agent
Property List
7 Carnarvon Rd, Essendon 2 House (Res) Auction Sale 23/10/2021 Brad Teal Woodards
3/157 Cooper St, Essendon 3 Unit Auction Sale 23/10/2021 Brad Teal Woodards
6 Hedderwick St, Essendon 4 House (Res) Auction Sale 23/10/2021 McDonald Upton
2/72 Nimmo St, Essendon 3 Townhouse (Res) Passed in Vendor Bid 23/10/2021 Burnham
1A Woodvale Gr, Essendon 3 House (Res) Auction Sale 23/10/2021 Raine & Horne Sunbury
184 Napier St, Essendon 4 House (Res) Auction Sale 21/10/2021 Nelson Alexander
33 Waverley St, Essendon 3 House (Res) Passed in at Auction 20/10/2021 McDonald Upton
8 Florence St, Essendon 4 House (Res) Sold Before Auction 18/10/2021 Matthews Agency
1/18 Lawson St, Essendon 3 Townhouse (Res) Sold Before Auction 18/10/2021 Barry Plant
15/56 Nicholson St, Essendon 1 Unit Private Sale 18/10/2021 Barry Plant
12/158 Napier St, Essendon 1 Flat Private Sale 26/09/2021 Barry Plant
2/63 Lincoln Rd, Essendon 2 Unit Passed in Vendor Bid 21/10/2021 Brad Teal Woodards
82A Deakin St, Essendon 3 Townhouse (Res) Sold Before Auction 18/10/2021 Barry Plant

Median data for September Quarter 2021. Click here for details.

Median Sale Price

$1.94mil

Metro Melbourne

$1.07mil

Quarterly Price Change

7.8%

Metro Melbourne

6%

Median Rent

$545

Metro Melbourne

$480

Rental Yield

1.6%

Metro Melbourne

2.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 83% 89.1%
Days on Market 46 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,172,500 $1,000,000
3 Bedrooms $1,550,000 $871,500
4 Bedrooms $1,838,500 $1,085,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $445 $500
3 Bedrooms $530 $450
4 Bedrooms $775 $500

Median data for September Quarter 2021. Click here for details.

Median Sale Price

$636k

Metro Melbourne

$681k

Quarterly Price Change

7.8%

Metro Melbourne

0.4%

Median Rent

$360

Metro Melbourne

$400

Rental Yield

3%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 83% 89.1%
Days on Market 46 42
Median price by Bedrooms Suburb Metro
1 Bedroom $350,000 $395,000
2 Bedrooms $595,000 $615,000
3 Bedrooms $968,500 $845,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $300 $325
2 Bedrooms $385 $410
3 Bedrooms $528 $520

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