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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 160 investment properties found in Essendon on realestateinvestar.com.au

29 Vanberg Rd, Essendon

$1,100,000

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First time offered in 67 years!

Enjoyed by the one family since 1959, this mid-century home occupies a sizeable allotment backing onto Moonee Ponds Creek providing the perfect opportunity to renovate or renew (STCA) all in a prized location zoned to Strathmore Secondary College. Step inside to find a functional interior ...

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House

VIC 3040


7 McHale Ct, Essendon

$1,750,000

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Expressions of Interest Closing Saturday 21 March at 5pm

Retro flair in a plum position Situated in one of Essendon's most desirable neighbourhoods, this classic seventies' home affords a family lifestyle of immediate quality and versatility along with exceptional potential for those looking to modernise and personalise. Step inside to discover a ...

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House

VIC 3040


93 Ogilvie St, Essendon

$1,200,000

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Original charm with exceptional potential

Built in 1966 and enjoyed by the one family ever since, this single-level home on 572sqm of land (approx) provides a lifestyle of immediate comfort and convenience along with terrific scope to renovate or rebuild in the future (STCA). Step inside to find a very original interior comprising four ...

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House

VIC 3040


3/142 Cooper St, Essendon

$900,000

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The Smart Move Lifestyle, Schools & Transport

Discover vogue living after a thorough transformation created an irresistible on-point environment in this refined two storey residence, situated in a highly desirable locale. One of only four homes on its smartly kept block, it beautifully blends privacy and proximity. Radiant open plan design ...

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Townhouse

VIC 3040


8/33 Warner St, Essendon

$290,000

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Expressions of Interest Closing Thursday 19 March at 12:30pm

Light-filled living on the park In a blissfully quiet cul-de-sac moments from Woodlands Park, this first-floor apartment (1 of only 12) is an ideal choice for first-time buyers and investors alike with its instant appeal, impeccable presentation and further value-adding potential. Step inside to ...

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Unit

VIC 3040


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