Market snapshot
Suburb insights for Essendon3040
Change suburbEssendon, approximately 8 km northwest of the city, is a prestigious and well-established suburb with grand period homes, leafy streets, and excellent schools. Known for its café culture along Rose Street and strong public transport, Essendon draws families, professionals, and downsizers seeking both convenience and charm.
Recent sales and auction results in Essendon
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 186 Napier St, Essendon | 4 |  | House | Auction Sale | 7/08/2026 | Jellis Craig | View |
| 316/55 Collins St, Essendon | 1 |  | Apartment | Private Sale | 1/08/2026 | Barry Plant | View |
| 501A/40 Collins St, Essendon | 2 |  | Apartment | Private Sale | 15/07/2026 | Nelson Alexander | View |
| 1/340 Pascoe Vale Rd, Essendon | 2 |  | Unit | Sold Before Auction | 15/07/2026 | Jellis Craig | View |
| 123B Spencer St, Essendon | 3 |  | House | Private Sale | 1/07/2026 | Jellis Craig | |
| 1/2 Balmoral St, Essendon | 2 |  | Unit | Passed in Vendor Bid | 7/08/2026 | U Plus Property Group | |
| 7/10 Violet St, Essendon | 2 | | Townhouse | Sold Before Auction | 20/07/2026 | Jellis Craig | View |
| 501/40 Collins St, Essendon | 2 | | Apartment | Private Sale | 12/07/2026 | Nelson Alexander |
Sales data
Median sale price
$1.8mil
Quarterly price change
-2.9%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,242,500 | $950,000 |
| 3 | $1,615,000 | $872,000 |
| 4 | $2,060,000 | $990,000 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 73% | 68.8% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$700
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $510 | $600 |
| 3 | $735 | $560 |
| 4 | $900 | $600 |
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