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Investment Property Essendon, VIC, 3040

Suburb Snapshot

Essendon is a suburb in the Moonee Valley Region of Victoria. Essendon has a population of 20,600 people and 31.89% of its occupants live in rental accommodation. The median listing price for houses is $1,650,000 and this has changed -2.95% over the past year and changed -5.72% over 2 years.

The median rent in Essendon for houses is $650 per week and the median rental yield is 2.04%. Stock on the market for houses/townhouses has changed 5.95% compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $460,000 and this has changed 2.22% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Essendon is $450 per week, producing a rental yield of 5.08%.

Supply & Demand in Essendon, Moonee Valley

1.18%

Current vacancy rate


125

Rental stock available


20,600

Population


31.89%

Rental population


0.97%

Current vacancy rate


532

Rental stock available


116,675

Population


28.58%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Essendon, Moonee Valley

  House Townhouses Units
Median listing price $1,650,000 $750,000 $460,000
Median price change - last quarter 0.00% 1.33% -1.07%
Median price change - 1 year -2.95% -5.07% 2.22%
Median price change - 2 years -5.72% 0.00% -2.13%
  House Townhouses Units
Median weekly rent $650 $650 $450
Median yield % 2.04% 4.50% 5.08%
Median rent change - 1 year 3.17% 8.33% 7.14%
  House Units
Previous month sales 34 24
Stock on market previous month 89 101
Stock variance vs. last year 5.95% -10.62%
Average days on market 90 95

Essendon investment property listings

Showing 5 of 252 investment properties found in Essendon on realestateinvestar.com.au

4/5 Winifred St, Essendon

$580,000

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Stylish Three-Level Living in a Prime Lifestyle Pocket

Perfectly positioned between the vibrant Mount Alexander Road shopping and dining precinct and the open green spaces of Woodlands Park, this stylish three-level townhouse offers both lifestyle and convenience. Enjoy easy access to public transport, including trams and Glenbervie train station, ...

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Townhouse

VIC 3040


1/3 Queen St, Essendon

$590,000

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Front-positioned living with space, style and unmatched convenie

This standout property sits proudly at the very front of the complex and delivers on every level. Perfectly positioned within easy walking distance to the vibrant Lincolnville shopping precinct adjoining Bulla Road, you'll enjoy an array of cafés, restaurants and local shops right at your ...

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Unit

VIC 3040


2/6 Ogilvie St, Essendon

$780,000

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A Light Filled Sanctuary Meets Easy-care Lifestyle

Serenely situated at the rear, this beautifully renovated two bedroom brick home delivers stylish, low maintenance living elevated by modern finishes, privacy and single storey convenience. With only 2 on the block and no body corporate this well-designed layout flows effortlessly from the entry ...

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Unit

VIC 3040


6A Price St, Essendon

$1,550,000

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Refined family living in a sought-after setting

Situated in a highly-prized Essendon neighbourhood, this modern home delivers an outstanding family lifestyle thanks to its flexible floorplan, extensive list of features and delightful outdoors to enjoy. High ceilings and a profusion of light immediately set the tone of this remarkable home ...

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House

VIC 3040


1/1 Ardoch St, Essendon

$570,000

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Expressions Of Interest, Closing Thursday 4 June at 6:00pm

Brilliant entry into exclusive Windy Hill Enviably positioned in one of Essendon's premier pockets, this front villa (1 of only 6) is ideal for professionals and investors alike with its generous dimensions, immediate comfort and exceptional renovation potential. Well-presented throughout, the ...

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Unit

VIC 3040


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