Profile for Essendon

3040

Essendon is located 9 km north-west of the CBD. Bounded by Moonee Ponds Creek in the east and Steele Creek in the west Essendon is primarily a residential suburb with some commercial areas on Fletcher St Napier St and Mt Alexander Rd. The area has a relatively professional population with about a third of those working employed as managers administrators and professionals. The suburb also features the Essendon Cricket Club Buckley Allison and Lincoln Parks and the Broadmeadows Railway line.

Recent Sales & Auction Results in Essendon

Address Price Type Method Sale Date Agent
Property List
131 Cooper St, Essendon 4 House (Res) Auction Sale 19/10/2019 Brad Teal
5/7-9 Fletcher St, Essendon 3 Townhouse (Res) Passed in Vendor Bid 19/10/2019 McDonald Upton
12 Fuller St, Essendon 3 House (Res) Passed in Vendor Bid 19/10/2019 Nelson Alexander
9 Inglebrae Ct, Essendon 3 House (Res) Auction Sale 19/10/2019 Brad Teal
3/126 Market St, Essendon 3 Townhouse (Res) Passed in at Auction 19/10/2019 McDonald Upton
96 Ogilvie St, Essendon 3 House (Res) Passed in Vendor Bid 19/10/2019 Nicole Gervasi Real Estate - MOONEE PONDS
4/3 Ballater St, Essendon 2 Apartment Auction Sale 19/10/2019 Nelson Alexander

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$1.37mil

Metro Melbourne

$830k

Quarterly Price Change

5.8%

Metro Melbourne

4.5%

Median Rent

$525

Metro Melbourne

$451

Rental Yield

2%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 40% 78.3%
Days on Market 48.5 33
Median price by Bedrooms Suburb Metro
2 Bedrooms $920,000 $845,000
3 Bedrooms $1,286,000 $720,000
4 Bedrooms $1,725,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $430 $500
3 Bedrooms $550 $430
4 Bedrooms $800 $480

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$569k

Metro Melbourne

$614k

Quarterly Price Change

18.4%

Metro Melbourne

3.9%

Median Rent

$380

Metro Melbourne

$430

Rental Yield

3.8%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 40% 78.3%
Days on Market 48.5 33
Median price by Bedrooms Suburb Metro
1 Bedroom $346,000 $364,500
2 Bedrooms $490,000 $560,000
3 Bedrooms $809,400 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $330 $370
2 Bedrooms $398 $445
3 Bedrooms $525 $530

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