Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Sat 19 Oct
Auction Time Agency
96 Ogilvie Street
3 1 2 House
10:30 AM
Sat 19th Oct
Bullen Gervasi Real Estate
12 Fuller Street
3 2 2 House
11:00 AM
Sat 19th Oct
Nelson Alexander Real Estate
3/126 Market Street
3 2 2 Townhouse
11:00 AM
Sat 19th Oct
Paul McDonald Real Estate
9 Inglebrae Court
3 2 3 House
11:00 AM
Sat 19th Oct
Brad Teal Real Estate
131 Cooper Street
4 2 4 House
12:30 PM
Sat 19th Oct
Brad Teal Real Estate
5/7-9 Fletcher Street
3 2 2 Townhouse
12:30 PM
Sat 19th Oct
Paul McDonald Real Estate
4/3 Ballater Street
2 1 1 Townhouse
2:00 PM
Sat 19th Oct
Nelson Alexander Real Estate
Sat 26 Oct
Auction Time Agency
1/18 Shaftesbury Street
1 1 1 Apartment
11:00 AM
Sat 26th Oct
Jellis Craig
15 Violet Street
4 2 1 House
12:30 PM
Sat 26th Oct
Nelson Alexander Real Estate
3/3 Fletcher Street
2 1 1 Unit
1:30 PM
Sat 26th Oct
Master Advocates Realestate Service
Median Sale Price
House
$1.39M
Updated on Aug 2019
2 BR
$985K
3 BR
$1.27M
4 BR
$1.52M
Unit
$495K
Updated on Aug 2019
1 BR
$340K
2 BR
$515K
3 BR
$751K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$823,000
0.0% $331,500 $2,150,000 197
2010
$1,004,000
+18.0% $450,000 $13,000,000 212
2011
$925,000
-8.5% $450,000 $2,925,000 169
2012
$935,000
+1.1% $272,250 $2,225,000 202
2013
$900,000
-3.9% $495,000 $3,745,000 252
2014
$945,000
+4.8% $365,500 $3,100,000 215
2015
$1,228,000
+23.0% $260,000 $3,125,000 202
2016
$1,385,000
+11.3% $471,000 $4,400,000 181
2017
$1,500,000
+7.7% $580,500 $3,780,000 157
2018
$1,520,000
+1.3% $369,000 $3,400,000 150
2019
$1,362,500
-11.6% $720,000 $2,530,000 109
Median Sale Price
$1.37M
Based on 139 recorded sales within the last 12 months
Updated on 19 Oct 2019
Suburb Growth
-14.0%
Current Median Price: $1,368,000
Previous Median Price: $1,560,000
Based on 291 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2019)
Price Range Segments (12 months ending Sep 2019)
Median Weekly Rent Price
House
$450
Updated on Sep 2019
2 BR
$388
3 BR
$450
4 BR
$700
Unit
$370
Updated on Sep 2019
1 BR
$310
2 BR
$395
3 BR
$500
4 BR
$750
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$420
0.0% $220 $1,100 172
2012
$420
0.0% $250 $1,800 200
2013
$440
+4.5% $230 $1,295 209
2014
$450
+2.2% $2 $1,850 173
2015
$450
0.0% $230 $1,400 251
2016
$480
+6.3% $265 $1,550 249
2017
$520
+7.7% $250 $1,500 243
2018
$550
+5.5% $235 $1,500 234
2019
$500
-10.0% $260 $1,350 148
Median Rent Price
$530
per week
Based on 200 recorded rent within the last 12 months
Updated on 19 Oct 2019
Rent Price Growth
-3.8%
Current Median Rent: $530
Previous Median Rent: $550
Based on 424 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,368,000
Current Median rent: $530
Based on 339 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2019)

Auction Results For Essendon

Houses sold in Last 12 months ends 12 Oct 2019

$1.23M

Median Sale Price

65%

Clearance Rate

114/177

Sold/Reported

$2.93M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 4
$1.8 M - $2 M 3
$1.6 M - $1.8 M 10
$1.4 M - $1.6 M 12
$1.2 M - $1.4 M
(Median Price Range)
13
$1 M - $1.2 M 12
$800 K - $1 M 13
$600 K - $800 K 9
$400 K - $600 K 1

Schools closest to Essendon, VIC 3040

School name Address Type Sector Distance
St Columba's College Ltd 2 LESLIE ROADEssendon 3040 Secondary Catholic 0.34 km
Essendon Primary School 38 RALEIGH STREETEssendon 3040 Primary Government 0.43 km
Lowther Hall Anglican Grammar SchoolTop 50 17 LESLIE RDEssendon 3040 Combined Independent 0.54 km
St Monica's Primary School 20 ROBINSON STMoonee Ponds 3039 Primary Catholic 0.75 km
St Therese's School EDWARD STEssendon 3040 Primary Catholic 0.76 km
Resurrection House 6 ABERFELDIE STEssendon 3040 Primary Catholic 1.07 km
St Vincent de Paul School WOODLAND STStrathmore 3041 Primary Catholic 1.51 km
Moonee Ponds West Primary School 150 ATHOL STREETMoonee Ponds 3039 Primary Government 1.68 km
Moonee Ponds Primary School WILSON STREETMoonee Ponds 3039 Primary Government 1.69 km
Ave Maria College 20-22 VIDA STAberfeldie 3040 Secondary Catholic 1.72 km