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 |
|---|---|---|---|---|---|---|---|
| 17 William St, Essendon | 5 |  | House | Auction Sale | 18/07/2025 | McDonald Upton | |
| 1/60 Deakin St, Essendon | 3 |  | Unit | Private Sale | 26/06/2025 | Barry Plant | View |
| 53 Deakin St, Essendon | 3 |  | House | Passed in Vendor Bid | 18/07/2025 | Jellis Craig | View |
| 35A Nimmo St, Essendon | 4 | | House | Auction Sale | 18/07/2025 | Matthews Agency | View |
Sales data
Median sale price
$1.7mil
Quarterly price change
3.2%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,060,000 | $890,000 |
| 3 | $1,470,000 | $815,000 |
| 4 | $2,020,000 | $950,000 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 75.9% | 79.5% |
| Days on market | 47 | 39 |
Rental data
Median weekly rent
$695
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $500 | $580 |
| 3 | $660 | $550 |
| 4 | $970 | $600 |
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