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
2A Gibson Ct, Essendon4PriceTownhousePassed in at Auction1/05/2026McDonald UptonView
82A Hoffmans Rd, Essendon2PriceVillaAuction Sale1/05/2026Nelson AlexanderView
23/82 Raleigh St, Essendon3PriceApartmentPassed in Vendor Bid1/05/2026WoodardsView
30 Wheeler Pl, Essendon4PriceHousePassed in at Auction1/05/2026McDonald UptonView
5/70 Richardson St, Essendon3PriceTownhouseAuction Sale30/04/2026Barry PlantView
7/213 Buckley St, Essendon2PriceApartmentPrivate Sale21/04/2026Barry PlantView
1/26 Winifred St, Essendon3PriceApartmentPrivate Sale6/04/2026Barry Plant
364 Buckley St, Essendon3PriceHouseAuction Sale1/05/2026WoodardsView
1/38 Lawson St, Essendon2PriceTownhousePrivate Sale8/04/2026Nelson Alexander

Sales data

Median sale price
$1.9mil
Quarterly price change
1.5%
Metro Melbourne Comparison
$992k
1.9%
BedroomsEssendonMetro comparison
2$1,197,500$950,000
3$1,527,500$863,000
4$2,110,000$980,500
InsightEssendonMetro comparison
Clearance rate81.8%74.9%
Days on market3937

Rental data

Median weekly rent
$695
Rental yield
2%
Metro Melbourne Comparison
$580
3.1%
BedroomsEssendonMetro comparison
2$500$595
3$695$550
4$1,050$595
Median data for the current quarter
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