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Investment Property Essendon North, VIC, 3041

Suburb Snapshot

Essendon North is a suburb in the Moonee Valley Region of Victoria. Essendon North has a population of 2,988 people and 40.58% of its occupants live in rental accommodation. The median listing price for houses is $1,250,000 and this has changed 4.16% over the past year and changed -3.85% over 2 years.

The median rent in Essendon North for houses is $545 per week and the median rental yield is 2.26%. Stock on the market for houses/townhouses has changed 9.09% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $375,000 and this has changed -1.19% over the past year. The average unit takes 105 days to sell and the median rent for a unit in Essendon North is $480 per week, producing a rental yield of 6.65%.

Supply & Demand in Essendon North, Moonee Valley

1.82%

Current vacancy rate


35

Rental stock available


2,988

Population


40.58%

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


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Statistical data for Essendon North, Moonee Valley

  House Townhouses Units
Median listing price $1,250,000 $740,000 $375,000
Median price change - last quarter 2.88% NA -0.54%
Median price change - 1 year 4.16% NA -1.19%
Median price change - 2 years -3.85% -1.99% -1.32%
  House Townhouses Units
Median weekly rent $545 $585 $480
Median yield % 2.26% 4.11% 6.65%
Median rent change - 1 year 21.11% -2.50% 6.66%
  House Units
Previous month sales 6 4
Stock on market previous month 12 36
Stock variance vs. last year 9.09% 9.09%
Average days on market 50 105

Essendon North investment property listings

Showing 1 of 1 investment properties found in Essendon North on realestateinvestar.com.au

1/294 Keilor Rd, Essendon North

$440,000

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Stylish Living in the Heart of Essendon North

Step into modern comfort and unbeatable convenience with this stunning apartment in the elegant Curve Building. Perfectly positioned in thriving Essendon North, you'll love having cafes, restaurants, and shopping at your doorstepincluding DFO and Essendon Fieldsplus a tram right outside for ...

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VIC 3041


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