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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 $1,550,000 and this has changed 8.01% over the past year and changed 10.71% over 2 years.

The median rent in Essendon for houses is $500 per week and the median rental yield is 1.67%. Stock on the market for houses/townhouses has changed 23.88% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $485,000 and this has changed 4.30% over the past year. The average unit takes 127 days to sell and the median rent for a unit in Essendon is $345 per week, producing a rental yield of 3.69%.

Supply & Demand in Essendon, Moonee Valley

3.74%

Current vacancy rate


305

Rental stock available


20,600

Population


31.89%

Rental population


2.69%

Current vacancy rate


1,092

Rental stock available


116,675

Population


28.58%

Rental population


1.82%

Current vacancy rate


38,609

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 $1,550,000 $832,500 $485,000
Median price change - last quarter 3.33% 5.37% 0.00%
Median price change - 1 year 8.01% 4.06% 4.30%
Median price change - 2 years 10.71% 11.00% 7.89%
  House Townhouses Units
Median weekly rent $500 $490 $345
Median yield % 1.67% 3.06% 3.69%
Median rent change - 1 year -3.85% -1.02% -4.17%
  House Units
Previous month sales 32 14
Stock on market previous month 83 124
Stock variance vs. last year 23.88% 63.16%
Average days on market 56 127

Essendon investment property listings

Showing 5 of 170 investment properties found in Essendon on realestateinvestar.com.au

11/164 Napier St, Essendon

$410,000

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Brilliant Location Abundant Sunlight Elevated Views

Great opportunity to live or invest in Essendon locale. This top floor two bedroom apartment, delivers coveted Essendon lifestyle that's sure to appeal to first home buyers or the astute investor. A fresh coat of paint makes this spacious apartment ready to enjoy. Flexible floorplan showcases ...

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VIC 3040


111/1005 Mt Alexander Rd, Essendon

$300,000

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Modern Open Plan Living in a True Lifestyle Location

*Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this ...

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VIC 3040


8/949 Mount Alexander Rd, Essendon

$490,000

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More Than Meets The Eye

An outstanding offering in a premier Essendon location. Providing first home buyers, astute investors and young professionals with a comfortable, low maintenance lifestyle surrounded by amenities and services that makes this such an enviable area to live. This surprisingly large and beautifully ...

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VIC 3040


10/12 Fletcher St, Essendon

$440,000

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Light and Style with Exceptional Convenience

Set well back from the street in a well-maintained block, this impressive ground-floor apartment provides a terrific low-maintenance lifestyle or investment opportunity thanks to its generous dimensions, quality enhancements and unbeatable inner-urban ease. Impeccably presented and ready to simply ...

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VIC 3040


104/36 Collins St, Essendon

$450,000

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COLLINS & QUEEN SALE BY CLOSING DATE, Monday 21st February (unle

Located on the 1st floor of the popular COLLINS & QUEEN apartment complex is this very roomy, 2 bedroom, 2 bathroom apartment with secure car space & storage cage. Immaculately presented and in near-new condition, the contemporary living/dining area opens onto an extra large covered balcony ...

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VIC 3040


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