Market snapshot

Suburb insights for Essendon3040

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Essendon is located 8 km north-west of the CBD and bounded by Moonee Ponds Creek in the east. The neighbourhood is focused around the Essendon Junction activity centre which comprises commercial and a social/sporting focus to the east and west of Mt Alexander Road the Essendon Station Rose Street and Buckley Street.Essendon is well served by public transport with Essendon Station being a core transport hub. Essendon exhibits a rich architectural history reflected in large areas of heritage recognition.

Recent sales and auction results in Essendon

AddressBedroomsPriceTypeMethodSale DateAgentListing
2 Brewster St, Essendon3PriceHouseAuction Sale4/04/2025Jellis CraigView
6 Clarinda Rd, Essendon3PriceHouseAuction Sale4/04/2025Jellis CraigView
46 Lawson St, Essendon3PriceHouseAuction Sale4/04/2025WoodardsView
48 Market St, Essendon5PriceHouseAuction Sale4/04/2025Frank Dowling EssendonView
2/26 Ballater St, Essendon2PriceUnitSold Before Auction2/04/2025Jellis CraigView
4/54 Cooper St, Essendon4PriceTownhouseSold Before Auction30/03/2025Barry PlantView
3/47 Glass St, Essendon2PriceVillaSold Before Auction28/03/2025Jellis CraigView
204/29 Russell St, Essendon2PriceApartmentPrivate Sale7/03/2025Barry PlantView
5 Shamrock St, Essendon3PriceHousePassed in Vendor Bid4/04/2025WoodardsView
6/16 Vanberg Rd, Essendon2PriceUnitPassed in Vendor Bid4/04/2025Woodards - 0View
16 Jacka St, Essendon5PriceHouseSold Before Auction2/04/2025WoodardsView
12/50 Richardson St, Essendon1PriceUnitSold Before Auction25/03/2025Woodards - 0
3/143 Bradshaw St, Essendon2PriceVillaSold Before Auction19/03/2025Jellis Craig

Sales data

Median sale price
$1.6mil
Quarterly price change
-5.2%
Metro Melbourne Comparison
$923k
2.7%
BedroomsEssendonMetro comparison
2$1,088,000$881,200
3$1,560,000$810,000
4$1,965,000$942,350
InsightEssendonMetro comparison
Clearance rate70%78.5%
Days on market4942

Rental data

Median weekly rent
$660
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
BedroomsEssendonMetro comparison
2$540$580
3$650$550
4$965$600
Median data for the current quarter
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