Essendon, VIC 3040

Essendon, VIC 3040

Compare Part of Moonee Valley

7.66 km
Distance from CBD
23 k
Population

Auction Times

Wed 3 Mar
Auction Time Agency
7/61 Vanberg Road
3 1 1 Townhouse
6:00 PM
Wed 3rd Mar
Nelson Alexander Real Estate
Sat 6 Mar
Auction Time Agency
2/224 Pascoe Vale Road
2 2 2 Townhouse
11:00 AM
Sat 6th Mar
Jellis Craig
118 McCracken Street
5 3 3 House
12:30 PM
Sat 6th Mar
Master Advocates Realestate Service
Sat 13 Mar
Auction Time Agency
1/145 Cooper Street
3 2 2 Townhouse
11:00 AM
Sat 13th Mar
Brad Teal Real Estate
8/96 Glass Street
1 1 1 Apartment
11:00 AM
Sat 13th Mar
Barry Plant
7/16 Laluma Street
3 2 1 Townhouse
11:00 AM
Sat 13th Mar
Brad Teal Real Estate
4 Bridge Street
2 1 2 House
11:00 AM
Sat 13th Mar
Paul McDonald Real Estate
4/22 Donald Avenue
3 1 1 Apartment
11:00 AM
Sat 13th Mar
Nelson Alexander Real Estate
300 Pascoe Vale Road
4 2 3 House
11:30 AM
Sat 13th Mar
Nelson Alexander Real Estate
4/947 Mt Alexander Road
2 2 1 Apartment
12:30 PM
Sat 13th Mar
Barry Plant
21 Donald Avenue
4 2 2 House
12:30 PM
Sat 13th Mar
Paul McDonald Real Estate
2/3 Sturt Street
3 3 2 Townhouse
2:00 PM
Sat 13th Mar
Brad Teal Real Estate
23 Mary Street
3 2 1 House
2:00 PM
Sat 13th Mar
Nelson Alexander Real Estate
22 Ardoch Street
6 4 6 House
2:00 PM
Sat 13th Mar
Nelson Alexander Real Estate
76 Napier Crescent
6 2 2 House
4:00 PM
Sat 13th Mar
Brad Teal Real Estate
Median Sale Price
House
$1.45M
Updated on Jan 2021
2 BR
$1.12M
3 BR
$1.32M
4 BR
$1.7M
Unit
$590K
Updated on Jan 2021
1 BR
$343K
2 BR
$543K
3 BR
$806K
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
$1,530,000
+2.0% $369,000 $6,850,000 153
2019
$1,430,000
-7.0% $720,000 $2,800,000 153
2020
$1,505,000
+5.0% $713,000 $3,500,000 122
2021
$1,385,000
-8.7% $956,000 $2,050,000 18
Median Sale Price
$1.49M
Based on 126 recorded sales within the last 12 months
Updated on 2 Mar 2021
Suburb Growth
+2.6%
Current Median Price: $1,485,000
Previous Median Price: $1,447,000
Based on 276 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2021)
Price Range Segments (12 months ending Feb 2021)
Median Weekly Rent Price
House
$520
Updated on Jan 2021
2 BR
$433
3 BR
$500
4 BR
$745
Unit
$385
Updated on Jan 2021
1 BR
$320
2 BR
$400
3 BR
$520
4 BR
$700
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
$550
+3.6% $290 $1,550 194
2021
$500
-10.0% $300 $1,000 26
Median Rent Price
$540
per week
Based on 181 recorded rent within the last 12 months
Updated on 2 Mar 2021
Rent Price Growth
0.0%
Current Median Rent: $540
Previous Median Rent: $540
Based on 394 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $1,485,000
Current Median rent: $540
Based on 307 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2021)

Auction Results For Essendon

Houses sold in Last 12 months ends 27 Feb 2021

$1.44M

Median Sale Price

82%

Clearance Rate

75/92

Sold/Reported

$3.5M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 2
$2 M - $3 M 11
$1.8 M - $2 M 8
$1.6 M - $1.8 M 6
$1.4 M - $1.6 M
(Median Price Range)
9
$1.2 M - $1.4 M 14
$1 M - $1.2 M 8
$800 K - $1 M 7
$600 K - $800 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