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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 4 of 4 investment properties found in Essendon on realestateinvestar.com.au

68 Hedderwick St, Essendon

$2,550,000

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Make your mark in 'Marlodge

In the heart of Essendon's revered Mar Lodge Estate, this large allotment presents a rare chance to secure a single holding of approximately 836sqm with an impressive frontage. Set within the tightly held 'Marlodge Estate', the property provides exciting potential to design and deliver a landmark ...

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House

VIC 3040


47 McCracken St, Essendon

$2,550,000

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Elegance & Distinction with Heritage Appeal

With magnificent updates augmenting its inherent character, this lovingly revitalised inter-war classic (c1930) deftly balances contemporary class and period charisma among the most esteemed and exclusive of Essendon avenues. Rewired, replumbed, and altogether reimagined, a considered ...

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House

VIC 3040


1/116 Glass St, Essendon

$1,050,000

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Designed for Living, Placed to Perfection

Designed by award-winning architects ClarkeHopkinsClarke, this architectural showpiece celebrates form, function, and finesse across three impressive levels. Offering its own street frontage and a striking street presence, it delivers a refined blend of modern luxury and timeless design. Inside, ...

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Townhouse

VIC 3040


2 Edward St, Essendon

$2,600,000

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Perfect Location, Period Charm & Family Liveability

"Ballanee" is an original Federation residence seamlessly renovated to accommodate the lifestyle requirements of the modern age. Located on a corner block (635sqm approx.), period charm and generous family living have been artfully blended through an extended floorplan that faithfully replicates ...

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VIC 3040


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