Market snapshot

Suburb insights for Essendon3040

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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.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

AddressBedroomsPriceTypeMethodSale DateAgentListing
2/4 Napier Cr, Essendon4PriceTownhouseSold Before Auction23/04/2025Charter Lane MELBOURNE
7/160 Napier St, Essendon2PriceApartmentPrivate Sale10/04/2025Barry PlantView
201/36 Collins St, Essendon2PriceUnitPrivate Sale4/04/2025Nelson AlexanderView
204/11 Glass St, Essendon2PriceUnitPrivate Sale3/04/2025Nelson AlexanderView
23 Braemar St, Essendon5PriceHousePrivate Sale2/04/2025Nelson AlexanderView
7/4-6 Winifred St, Essendon2PriceApartmentPrivate Sale31/03/2025Barry Plant
5 Eric St, Essendon4PriceHouseSold Before Auction3/10/2025Nelson AlexanderView
82 Albion St, Essendon4PriceHousePrivate Sale2/04/2025WoodardsView
2/29 Woolley St, Essendon4PriceHousePrivate Sale30/03/2025Nelson AlexanderView
1/28 Flower St, Essendon3PriceTownhousePrivate Sale24/03/2025Matthews Agency

Sales data

Median sale price
$1.6mil
Quarterly price change
-5.2%
Metro Melbourne Comparison
$923k
2.7%
BedroomsEssendonMetro comparison
2$1,088,000$881,200
3$1,560,000$810,000
4$1,965,000$942,350
InsightEssendonMetro comparison
Clearance rate70%78.5%
Days on market4942

Rental data

Median weekly rent
$660
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
BedroomsEssendonMetro comparison
2$540$580
3$650$550
4$965$600
Median data for the current quarter
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