Market snapshot
Suburb insights for Essendon3040
Change suburbEssendon 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 34 Cooper St, Essendon | 4 |  | House (Res) | Auction Sale | 20/07/2024 | McDonald Upton | View |
| 10 Fuller St, Essendon | 3 |  | House (Res) | Passed in at Auction | 20/07/2024 | Jellis Craig | View |
| 15 Mackay St, Essendon | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Jellis Craig | View |
| 114/1050 Mt Alexander Rd, Essendon | 2 |  | Apartment | Private Sale | 9/07/2024 | Barry Plant | View |
| 503/1050 Mt Alexander Rd, Essendon | 2 |  | Unit | Private Sale | 6/07/2024 | Barry Plant | View |
| 208/956 Mt Alexander Rd, Essendon | 2 |  | Unit | Private Sale | 25/06/2024 | Barry Plant | View |
| 13/949-953 Mt Alexander Rd, Essendon |  | Unit | Auction Sale | 20/07/2024 | Woodards | View | |
| 27 Bradshaw St, Essendon | 4 | | House (Res) | Private Sale | 16/07/2024 | McDonald Upton | View |
| 707/19 Russell St, Essendon | 2 | | Unit | Private Sale | 27/06/2024 | Nelson Alexander | View |
| 121 Roberts St, Essendon | 4 | | House (Res) | Private Sale | 22/06/2024 | Barry Plant | View |
| 6/38 Lawson St, Essendon | 3 | | Townhouse (Res) | Private Sale | 20/06/2024 | Barry Plant | View |
| 2/356 Buckley St, Essendon | 3 | | Unit | Private Sale | 8/05/2024 | Woodards | View |
| 62 Cooper St, Essendon | 4 | | House (Res) | Private Sale | 29/02/2024 | Nelson Alexander | View |
| 1/32 Richardson St, Essendon | 1 | | Unit | Private Sale | 25/05/2023 | Nelson Alexander |
Sales data
Median sale price
$1.9mil
Quarterly price change
11.3%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,038,000 | $902,500 |
| 3 | $1,605,000 | $810,000 |
| 4 | $1,870,000 | $955,000 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 62.8% | 73.8% |
| Days on market | 45 | 42 |
Rental data
Median weekly rent
$690
Rental yield
2%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $530 | $550 |
| 3 | $650 | $540 |
| 4 | $975 | $580 |
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