Suburb

Market snapshot

Suburb insights for Essendon3040

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Essendon, approximately 8 km northwest of the city, is a prestigious and well-established suburb with grand period homes, leafy streets, and excellent schools. Known for its café culture along Rose Street and strong public transport, Essendon draws families, professionals, and downsizers seeking both convenience and charm.

Recent sales and auction results in Essendon

AddressBedroomsPriceTypeMethodSale DateAgentListing
3/24 Queen St, Essendon2PriceUnitPrivate Sale17/07/2026Barry PlantView
3/372 Buckley St, Essendon2PriceUnitPrivate Sale14/07/2026Barry PlantView
211/24 Leake St, Essendon2PriceApartmentPrivate Sale8/07/2026Nelson AlexanderView
32 Raleigh St, Essendon4PriceHouseAuction Sale31/07/2026Nelson AlexanderView
2/3-5 Salter St, Essendon3PriceTownhouseSold Before Auction30/07/2026Nelson AlexanderView
73 Price St, Essendon2PriceHouseSold Before Auction19/07/2026Nelson AlexanderView
116/11 Glass St, Essendon2PriceApartmentPrivate Sale17/07/2026Barry PlantView
317/55 Collins St, Essendon1PriceApartmentPrivate Sale15/07/2026Barry PlantView
3/14 Raleigh St, Essendon2PriceUnitPrivate Sale15/07/2026Barry PlantView
98A Napier St, Essendon2PriceHousePrivate Sale2/07/2026Raine & Horne Essendon

Sales data

Median sale price
$1.8mil
Quarterly price change
-2.9%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsEssendonMetro comparison
2$1,242,500$950,000
3$1,615,000$872,000
4$2,060,000$990,000
InsightEssendonMetro comparison
Clearance rate73%68.8%
Days on market4042

Rental data

Median weekly rent
$700
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsEssendonMetro comparison
2$510$600
3$735$560
4$900$600
Median data for the current quarter
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