Market snapshot
Suburb insights for Essendon3040
Change suburbEssendon 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 3/6 Cooper St, Essendon | 3 |  | Townhouse (Res) | Auction Sale | 28/03/2025 | Nelson Alexander - 0 | View |
| 1/12 Fletcher St, Essendon | 2 |  | Unit | Passed in Vendor Bid | 28/03/2025 | Ray White Pascoe Vale | View |
| 67 Glass St, Essendon | 3 |  | House (Res) | Auction Sale | 28/03/2025 | McDonald Upton - 0 | View |
| 147 Ogilvie St, Essendon | 6 |  | House (Res) | Auction Sale | 28/03/2025 | McDonald Upton | View |
| 35 Tweedside St, Essendon | 5 |  | House (Res) | Auction Sale | 28/03/2025 | McDonald Upton - 0 | View |
| 403/316 Pascoe Vale Rd, Essendon | 2 |  | Apartment | Private Sale | 12/03/2025 | Barry Plant | View |
| 51 William St, Essendon | 4 |  | House (Res) | Sold Before Auction | 12/03/2025 | Jellis Craig - 0 | View |
| 2/119 Buckley St, Essendon | 2 |  | Apartment | Private Sale | 5/03/2025 | Barry Plant | View |
| 32A Bradshaw St, Essendon | 4 | | House (Res) | Passed in at Auction | 28/03/2025 | Jellis Craig - 0 | View |
Sales data
Median sale price
$1.6mil
Quarterly price change
-5.2%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $1,088,000 | $881,200 |
| 3 | $1,560,000 | $810,000 |
| 4 | $1,965,000 | $942,350 |
| Insight | Essendon | Metro comparison |
|---|---|---|
| Clearance rate | 70% | 78.5% |
| Days on market | 49 | 42 |
Rental data
Median weekly rent
$660
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Essendon | Metro comparison |
|---|---|---|
| 2 | $540 | $580 |
| 3 | $650 | $550 |
| 4 | $965 | $600 |
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