Real Estate & Finance

Property Report & Market Data In Essendon

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Average Market Value In Essendon

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Essendon house prices have remained strong, with steady annual growth reflecting high demand for quality family homes and proximity to the city. The area remains popular for both owner-occupiers and investors.

1625000

Median House Price

2.3 %

House Price Growth

635500

Median Unit Price

1.7 %

Unit Price Growth

Sales Trends In Essendon

Stay ahead of the fast-moving sales trends around Essendon

Sales activity has remained steady across 2023–2024, with houses attracting sustained interest, especially premium character homes. Units and apartments show solid sales volumes, driven by investor demand.

165

Total Houses Sold

90

Total Units Sold

31

Days On Market (Houses)

5.1

Vendor Discount

Local Population Movement In Essendon

Learn who is moving in and out of Essendon! Is it on the rise or decline?

The suburb has seen stable population growth, attracting young families and professionals seeking access to top schools, parks, and lifestyle amenities. There is a mixture of long-term residents and new arrivals, contributing to a diverse community.

21975

Population Size In Essendon

3.2

Population Growth In Essendon

35-44

Dominant Age Group InEssendon

Couples with children

Household Types In Essendon

Market Decline or Growth Indicators For Essendon

Learn who is moving in and out of Essendon! Is it on the rise or decline?

Market indicators show ongoing buyer interest and limited supply leading to moderate price growth. Days on market remain favourable, although there is some softening compared to the 2021–2022 peak. Rental demand continues to be robust.

2.3

Annual Price Growth In Essendon

240

Sales Activity Rate In Essendon

2.8

Average Stock Inventory Time InEssendon

Rental Yields and Demand In Essendon

Find out if this is a good investment opportunity buying real estate in and around Essendon

Rental demand for both houses and units is strong, with yields above the Melbourne average for well-situated units. Rental increases over the past year reflect the suburb's desirability.

165

Total Houses Sold

90

Total Units Sold

31

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.1

Vendor Discount

Affordability and Finance Options For Essendon

Home Loans: Financing Your Dream Home In Essendon. Get Pre-Approved Today.

165

Total Houses Sold

90

Total Units Sold

31

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.1

Vendor Discount

Lifestyle and Amenities In and Around Essendon

Essendon Lifestyle: Why Live Here

Essendon is a vibrant, family-friendly suburb with tree-lined streets, numerous parks, established schools, boutique shopping, and a strong cafe culture. Residents enjoy excellent transport links with tram, bus, and train services, easy access to freeway networks, and proximity to Essendon Fields Airport.

9

Parks Count

1

Suburb Area

7

Distance To CBD

Property Type Breakdown Essendon

Essendon Properties: Houses vs. Units

165

Total Houses Sold

90

Total Units Sold

31

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.1

Vendor Discount

Essendon Suburb Information

Essendon Suburb Stats

State: Victoria

City: Melbourne

Population: 21,975

Postcode: 3040

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