Market snapshot

Suburb insights for Essendon3040

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Essendon, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
40 Ardoch St, Essendon3PriceTownhouseAuction Sale31/03/2026Professionals REView
16 Cudmore St, Essendon5PriceHouseAuction Sale31/03/2026McDonald UptonView
2/5 Donald Av, Essendon2PriceTownhouseAuction Sale30/03/2026Jellis CraigView
8/33 Warner St, Essendon1PriceApartmentPrivate Sale12/03/2026Nelson AlexanderView
4/11 Spencer St, Essendon2PriceApartmentPrivate Sale4/03/2026Moonee Valley REView

Sales data

Median sale price
$1.9mil
Quarterly price change
1.5%
Metro Melbourne Comparison
$992k
1.9%
BedroomsEssendonMetro comparison
2$1,197,500$950,000
3$1,527,500$863,000
4$2,110,000$980,500
InsightEssendonMetro comparison
Clearance rate81.8%74.9%
Days on market3937

Rental data

Median weekly rent
$695
Rental yield
2%
Metro Melbourne Comparison
$580
3.1%
BedroomsEssendonMetro comparison
2$500$595
3$695$550
4$1,050$595
Median data for the current quarter
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