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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

7/24 Winifred St, Essendon

$650,000

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Expressions of Interest Closing Saturday 14 February at 5pm

Secluded style in a prized parkland pocket Moments from the open spaces of Woodlands Park, this modern townhouse presents a compelling lifestyle or investment opportunity with its adaptable design, quality appointments and easy-care surrounds. Excellent presentation from beginning to end, the ...

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Unit

VIC 3040


10/96 Glass St, Essendon

$475,000

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Easy-Care Comfort by North Essendon Village

Between North Essendon Village and city-bound transport, this quiet, refined, and entirely turnkey home offers a stellar opportunity to attract a healthy yield or live comfortably by the best of Essendon. Set toward block's rear to enjoy separation from noise or thoroughfares, a tastefully updated ...

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Unit

VIC 3040


1/17 Roberts St, Essendon

$1,100,000

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DEFINITELY NOT HOBBIT- SIZED, BUT MORE LIKE ROBERTS- SIZED.

WELCOME HOME It might look like a townhouse. It might sound like a townhouse. But this place is anything but. Think freestanding family home with spacious and versatile accommodation, lots of natural light and a features list as long as your arm. Piece de resistance is its revered location on the ...

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Townhouse

VIC 3040


41 MacKay St, Essendon

$2,200,000

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Captivating Character with Luxury Entertaining

Positioned in a blue-ribbon setting, this magnificent four bedroom plus office/study, two bathroom Edwardian (circa 1910) unfolds with beautifully preserved grandeur, while its contemporary conversion elevates the home for families who love to entertain. Behind its storybook façade adorned with ...

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House

VIC 3040


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