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 |
|---|---|---|---|---|---|---|---|
| 8 Forrester St, Essendon | 4 |  | House (Res) | Auction Sale | 16/12/2024 | McDonald Upton | View |
| 80 Cooper St, Essendon | 3 |  | House (Res) | Private Sale | 25/11/2024 | Barry Plant | View |
| 6/11 Winifred St, Essendon | 2 |  | Townhouse (Res) | Private Sale | 19/11/2024 | Barry Plant | View |
| 47 Clarinda Rd, Essendon | 4 |  | House (Res) | Private Sale | 17/12/2024 | McDonald Upton | View |
| 7/23 Fletcher St, Essendon | | Unit | Sold Before Auction | 15/12/2024 | Jellis Craig | View | |
| 39 Nimmo St, Essendon | 3 | | House (Res) | Private Sale | 5/12/2024 | McDonald Upton | View |
Sales data
Median sale price
$1.6mil
Quarterly price change
-15.9%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,061,000 | $902,000 |
| 3 | $1,600,000 | $807,500 |
| 4 | $1,832,000 | $950,000 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 72.5% | 73.3% |
| Days on market | 51 | 42 |
Rental data
Median weekly rent
$693
Rental yield
2%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $530 | $560 |
| 3 | $655 | $550 |
| 4 | $973 | $595 |
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