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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 $1,700,000 and this has changed -2.86% over the past year and changed 9.67% over 2 years.

The median rent in Essendon for houses is $620 per week and the median rental yield is 1.89%. Stock on the market for houses/townhouses has changed 23.08% compared to last year and the average time to sell a house/townhouse is 85 days.The median listing price for units is $450,000 and this has changed -4.26% over the past year. The average unit takes 138 days to sell and the median rent for a unit in Essendon is $420 per week, producing a rental yield of 4.85%.

Supply & Demand in Essendon, Moonee Valley

1.09%

Current vacancy rate


115

Rental stock available


20,600

Population


31.89%

Rental population


0.96%

Current vacancy rate


525

Rental stock available


116,675

Population


28.58%

Rental population


0.87%

Current vacancy rate


26,641

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 $1,700,000 $790,000 $450,000
Median price change - last quarter 0.00% -0.63% 0.00%
Median price change - 1 year -2.86% 3.26% -4.26%
Median price change - 2 years 9.67% -4.25% -8.17%
  House Townhouses Units
Median weekly rent $620 $585 $420
Median yield % 1.89% 3.85% 4.85%
Median rent change - 1 year 12.72% 13.59% 13.51%
  House Units
Previous month sales 15 5
Stock on market previous month 96 113
Stock variance vs. last year 23.08% 1.80%
Average days on market 85 138

Essendon investment property listings

Showing 5 of 186 investment properties found in Essendon on realestateinvestar.com.au

2A Graves St, Essendon

$1,600,000

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THIS SHOWSTOPPER IS GETTING GRAVE REVIEWS FROM EVERYONE.

WELCOME HOME Talk about first-class family living. This modern masterpiece really raises the bar. The architecture is impressive. The floorplan is spacious and the attention to detail is absolutely meticulous. Plus, you've got a list of high-end inclusions as long as your arm. Icing on the cake is ...

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VIC 3040


25 Deakin St, Essendon

$1,650,000

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High-Side Family Prize, Primed for Entertaining

Exceedingly spacious while retaining its original character, this extended and enlivened '50s gem presents considered calm and comfort with faultless family flexibility. Enjoying a captivating stance from the high side of desirable Deakin Street, a lovingly reinterpreted plan emphasises real-world ...

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House

VIC 3040


15-17 Woodland St, Essendon

$3,000,000

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Commercial/Residential, A Brilliant Opportunity!

This well-maintained Art Deco brick home, offering 8 bedrooms, 2 bathrooms, and parking space for 4 cars, is ideal for a large family. With the added bonus of its own shopfront and situated on approximately 490m2 app block, it presents a multitude of options. Fully renovated, this property comes ...

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VIC 3040


607/19 Russell St, Essendon

$620,000

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LINC Apartments, when only the best will do

This sundrenched north facing 2 bed 2 bath apartment boasts majestic views of the CBD and is highlighted by a sensational rooftop garden and entertaining area with Teppanyaki garden and BBQ. Key Features: *2 double bedrooms, main bedroom with ensuite *Large deluxe kitchen and meals area *Spacious ...

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VIC 3040


13 Nimmo St, Essendon

$3,350,000

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Substance & Sophistication in Family Splendour

A showcase of modern luxury boasting unmatched quality and attention-to-detail, this remarkable residence stands proudly as one of the finest homes in its esteemed family setting. Endlessly compelling and set beyond vibrant gardens, a grand, double-door entry prefaces an extraordinary plan, ...

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VIC 3040


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