Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Thu 20 Aug
Auction Time Agency
114/1044-1046 Mt Alexander Road
2 1 1 Apartment
2:00 PM
Thu 20th Aug
Nelson Alexander Real Estate
Fri 21 Aug
Auction Time Agency
43 Mary Street
4 3 2 Townhouse
4:00 PM
Fri 21st Aug
Nelson Alexander Real Estate
Sat 22 Aug
Auction Time Agency
74 Ogilvie Street
4 2 2 House
11:00 AM
Sat 22nd Aug
Nelson Alexander Real Estate
162A Spencer Street
4 4 2 House
3:00 PM
Sat 22nd Aug
Nelson Alexander Real Estate
Median Sale Price
House
$1.46M
Updated on Jul 2020
2 BR
$1.07M
3 BR
$1.34M
4 BR
$1.71M
Unit
$535K
Updated on Jul 2020
1 BR
$340K
2 BR
$535K
3 BR
$863K
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
$945,500
+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 $4,400,000 182
2017
$1,500,000
+7.7% $580,500 $3,780,000 157
2018
$1,537,000
+2.4% $369,000 $6,850,000 153
2019
$1,430,000
-7.5% $720,000 $2,800,000 153
2020
$1,460,000
+2.1% $713,000 $2,985,000 66
Median Sale Price
$1.5M
Based on 132 recorded sales within the last 12 months
Updated on 10 Aug 2020
Suburb Growth
+3.5%
Current Median Price: $1,500,000
Previous Median Price: $1,447,000
Based on 283 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jul 2020)
Price Range Segments (12 months ending Jul 2020)
Median Weekly Rent Price
House
$550
Updated on Jul 2020
2 BR
$450
3 BR
$500
4 BR
$790
Unit
$385
Updated on Jul 2020
1 BR
$320
2 BR
$400
3 BR
$525
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% $280 $1,550 249
2017
$520
+7.7% $250 $1,500 243
2018
$550
+5.5% $235 $1,500 234
2019
$530
-3.8% $260 $1,350 211
2020
$650
+18.5% $330 $1,550 99
Median Rent Price
$570
per week
Based on 187 recorded rent within the last 12 months
Updated on 10 Aug 2020
Rent Price Growth
+3.5%
Current Median Rent: $570
Previous Median Rent: $550
Based on 404 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,500,000
Current Median rent: $570
Based on 319 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jul 2020)

Auction Results For Essendon

Houses sold in Last 12 months ends 8 Aug 2020

$1.32M

Median Sale Price

74%

Clearance Rate

85/115

Sold/Reported

$2.99M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 5
$1.8 M - $2 M 4
$1.6 M - $1.8 M 9
$1.4 M - $1.6 M 8
$1.2 M - $1.4 M
(Median Price Range)
16
$1 M - $1.2 M 5
$800 K - $1 M 8
$600 K - $800 K 5
$400 K - $600 K 2

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