Essendon
VIC, 3040
-
Moonee Valley
Thinking about buying in Essendon? Now could not be a better time, with 13115 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,626,000 with prices in this suburb ranging from $35,000 to $38,451,000. Essendon is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $405.97 |
| Median Monthly Mortgage | $2428.09 |
| Median Persons Per Bedroom | 0.86 |
| Average Household Size | 2.56 |
| Average Age | 39.84 |
| Average Income | $1046.44 |
| Average Cars Per Dwelling | 1.65 |
| Average Properties Within 50M | 44 |
Housing Stock
Average Property Prices
| 1 Bed $538,000 |
| 2 Bed $893,000 |
| 3 Bed $1,966,000 |
| 4 Bed $2,875,000 |
| 5 Bed $3,501,000 |
| 6 Bed+$3,944,000 |
Essendon Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Essendon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Essendon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Essendon requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Essendon
2
2
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Local Schools
Essendon Primary School
Buckley Park College
St Columba's College
St Therese's School
Lowther Hall Anglican Grammar School
Essendon North Primary School
St Vincent de Paul's School
Resurrection House
Our Lady of the Nativity School
Pascoe Vale South Primary School
(While the above schools are located with the suburb of Essendon there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Essendon weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 15.0 | 27.7 | 39.0 | 86.3 | 5.3 | 24.8 |
| Feb | 1.3 | 15.1 | 26.9 | 42.3 | 89.0 | 4.9 | 20.6 |
| Mar | 1.2 | 13.7 | 24.8 | 43.5 | 88.7 | 4.6 | 16.0 |
| Apr | 1.6 | 10.9 | 21.1 | 48.2 | 91.3 | 4.3 | 11.7 |
| May | 1.4 | 8.6 | 17.1 | 56.6 | 92.2 | 4.7 | 8.5 |
| Jun | 1.4 | 6.5 | 14.4 | 64.1 | 94.3 | 4.3 | 7.4 |
| Jul | 1.2 | 6.5 | 14.0 | 61.6 | 92.9 | 5.2 | 7.7 |
| Aug | 1.4 | 6.7 | 14.9 | 54.8 | 92.0 | 5.4 | 10.2 |
| Sept | 1.7 | 8.1 | 17.9 | 47.7 | 90.7 | 5.4 | 14.4 |
| Oct | 1.6 | 9.5 | 20.7 | 44.5 | 90.7 | 5.3 | 19.0 |
| Nov | 2.3 | 11.5 | 23.1 | 43.9 | 90.3 | 5.1 | 21.4 |
| Dec | 1.8 | 13.2 | 25.6 | 41.0 | 88.3 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 47: Mount Alexander Road - Less than 1 KM
Stop 46: Lincoln Road - Less than 1 KM
Stop 45: Glass Street - Less than 1 KM
Stop 45: Leake Street - Less than 1 KM
Stop 42: Grice Crescent - Less than 1 KM
Stop 42: Shamrock Street - Less than 1 KM
Stop 43: Brewster Street - Less than 1 KM
Stop 43: Thistle Street - Less than 1 KM
Stop 44: Thorn Street - Less than 1 KM
Stop 44: Thorn Street - Less than 1 KM
General Points of Interest
Central West Shopping Centre - Less than 10 KM
Melbourne International Shooting Club - Less than 10 KM
James Cook University - Less than 10 KM
The Hive - Less than 10 KM
Burke and Wills Memorial - Less than 10 KM
Parkville Youth Justice Precinct - Less than 5 KM
Lightning Room - Less than 10 KM
Homemaker Centre - Less than 2 KM
Central West Shopping Centre - Less than 10 KM
Milleara Shopping Centre - Less than 5 KM
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