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 |
|---|---|---|---|---|---|---|---|
| 3 Cudmore St, Essendon | 4 |  | House | Passed in Vendor Bid | 19/12/2025 | McDonald Upton | View |
| 110/316 Pascoe Vale Rd, Essendon | 1 |  | Apartment | Private Sale | 8/12/2025 | Barry Plant | View |
| 3/297 Pascoe Vale Rd, Essendon | 2 |  | Apartment | Private Sale | 4/12/2025 | Barry Plant | View |
| 204/956 Mt Alexander Rd, Essendon | 2 |  | Apartment | Private Sale | 3/12/2025 | Nelson Alexander | View |
| 1/56 Nicholson St, Essendon | 1 |  | Apartment | Private Sale | 27/11/2025 | Nelson Alexander | View |
| 4/30 Richardson St, Essendon | 1 |  | Unit | Auction Sale | 17/12/2025 | Woodards | View |
Sales data
Median sale price
$1.9mil
Quarterly price change
10.3%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,262,500 | $910,000 |
| 3 | $1,480,000 | $830,000 |
| 4 | $2,080,000 | $951,500 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 73.8% | 81.4% |
| Days on market | 42 | 36 |
Rental data
Median weekly rent
$695
Rental yield
2.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $500 | $580 |
| 3 | $680 | $550 |
| 4 | $1,000 | $600 |
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