Essendon West, VIC 3040

Essendon West, VIC 3040

Compare Part of Moonee Valley

9.35 km
Distance from CBD
23 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$731,000
 0.0% $575,000 $1,185,000 18
2010
$750,000
 +2.5% $605,000 $970,000 19
2011
$750,000
 0.0% $369,000 $1,075,000 19
2012
$720,000
 -4.2% $421,000 $855,000 20
2013
$752,000
 +4.3% $591,500 $951,000 18
2014
$785,000
 +4.2% $590,000 $1,065,000 15
2015
$930,000
 +15.6% $650,000 $1,225,000 17
2016
$1,090,500
 +14.7% $635,000 $1,430,000 21
2017
$1,305,000
 +16.4% $780,000 $2,150,000 17
2018
$1,220,000
 -7.0% $749,000 $1,840,000 17
2019
$1,180,000
 -3.4% $700,000 $1,886,000 14
2020
$1,300,000
 +9.2% $1,070,000 $1,480,000 16
2021
$1,390,000
 +6.5% $650,000 $2,449,000 26
2022
$1,420,000
 +2.1% $650,000 $2,635,000 18
2023
$1,140,000
 -24.6% $680,000 $1,515,000 14
2024
$1,701,000
 +33.0% $840,000 $2,425,000 22
Median Sale Price
$1.7M
Based on 22 recorded sales within the last 12 months
Updated on 29 Dec 2024
Suburb Growth
+33.0%
Current Median Price: $1,701,000
Previous Median Price: $1,140,000
Based on 36 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$450
 0.0% $300 $700 13
2012
$380
 -18.4% $350 $550 8
2013
$430
 +11.6% $300 $850 9
2014
$420
 -2.4% $300 $650 19
2015
$450
 +6.7% $350 $500 11
2016
$460
 +2.2% $370 $695 19
2017
$500
 +8.0% $380 $650 15
2018
$550
 +9.1% $385 $895 16
2019
$520
 -5.8% $380 $750 13
2020
$475
 -9.5% $370 $1,000 14
2021
$520
 +8.7% $250 $790 15
2022
$520
 0.0% $370 $1,000 21
2023
$650
 +20.0% $420 $1,800 15
2024
$725
 +10.3% $450 $1,200 16
Median Rent Price
$725
per week
Based on 16 recorded rent within the last 12 months
Updated on 29 Dec 2024
Rent Price Growth
+10.3%
Current Median Rent: $725
Previous Median Rent: $650
Based on 31 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,701,000
Current Median rent: $725
Based on 38 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)

Auction Results For Essendon West

Houses sold in Last 12 months ends 28 Dec 2024

$1.8M

Median Sale Price

56%

Clearance Rate

10/18

Sold/Reported

$1.88M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.8 M - $2 M
(Median Price Range)		 4
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M 1
$1 M - $1.2 M 1

Schools closest to Essendon West, VIC 3040

School name Address Type Sector Distance
Aberfeldie Primary School 1 DOONE STREETEssendon 3040 Primary Government 0.62 km
Rosehill Secondary College SAPPHIRE STREETNiddrie 3042 Secondary Government 0.75 km
St Bernard's CollegeTop 100 41 ROSEHILL ROADEssendon 3040 Secondary Catholic 0.68 km
Our Lady of the Nativity School 29 FAWKNER STABERFELDIE 3040 Primary Catholic 0.77 km
Ave Maria College 20-22 VIDA STAberfeldie 3040 Secondary Catholic 0.91 km
St John Bosco's School 29 MURIEL STNiddrie 3042 Primary Catholic 1.13 km
Buckley Park College COOPER STREETEssendon 3040 Secondary Government 1.04 km
St Margaret's Primary School 67 THE ESPLANADEMaribyrnong 3032 Primary Catholic 1.44 km
Resurrection House 6 ABERFELDIE STEssendon 3040 Primary Catholic 1.55 km
Essendon North Primary School 112 KEILOR ROADEssendon North 3041 Primary Government 1.99 km