Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Sat 20 Jul
Auction Time Agency
2/183 Napier Street
2 1 1 Unit
11:30 AM
Sat 20th Jul
Considine Real Estate
11/23 Daisy Street
2 1 1 Apartment
1:00 PM
Sat 20th Jul
Nelson Alexander Real Estate
4/72 Nimmo Street
2 2 1 Townhouse
2:00 PM
Sat 20th Jul
Burnham Real Estate
4/24 Leslie Road
2 1 1 Apartment
2:30 PM
Sat 20th Jul
Barry Plant
Sat 27 Jul
Auction Time Agency
3/13 Schofield Street
2 1 1 Villa
12:30 PM
Sat 27th Jul
Nelson Alexander Real Estate
1 Salmon Avenue
5 4 2 House
2:00 PM
Sat 27th Jul
Nelson Alexander Real Estate
Median Sale Price
House
$1.48M
Updated on May 2019
2 BR
$990K
3 BR
$1.36M
4 BR
$1.79M
Unit
$492K
Updated on May 2019
1 BR
$348K
2 BR
$520K
3 BR
$790K
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
$1,325,000
-14.7% $720,000 $2,190,000 78
Median Sale Price
$1.43M
Based on 147 recorded sales within the last 12 months
Updated on 19 Jul 2019
Suburb Growth
-7.0%
Current Median Price: $1,430,000
Previous Median Price: $1,530,000
Based on 297 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2019)
Price Range Segments (12 months ending Jun 2019)
Median Weekly Rent Price
House
$460
Updated on Jun 2019
2 BR
$380
3 BR
$450
4 BR
$735
Unit
$370
Updated on Jun 2019
1 BR
$310
2 BR
$390
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 $1,550 248
2017
$520
+7.7% $250 $1,500 243
2018
$550
+5.5% $235 $1,500 233
2019
$530
-3.8% $260 $1,350 105
Median Rent Price
$550
per week
Based on 213 recorded rent within the last 12 months
Updated on 19 Jul 2019
Rent Price Growth
+1.8%
Current Median Rent: $550
Previous Median Rent: $540
Based on 450 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,430,000
Current Median rent: $550
Based on 360 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2019)

Auction Results For Essendon

Houses sold in Last 12 months ends 13 Jul 2019

$1.36M

Median Sale Price

58%

Clearance Rate

103/179

Sold/Reported

$2.93M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 6
$1.8 M - $2 M 6
$1.6 M - $1.8 M 11
$1.4 M - $1.6 M 12
$1.2 M - $1.4 M
(Median Price Range)
8
$1 M - $1.2 M 11
$800 K - $1 M 13
$600 K - $800 K 6
$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