Thinking about buying in Essendon North? Now could not be a better time, with 2722 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $948,000 with prices in this suburb ranging from $209,000 to $4,256,000. Essendon North is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Essendon North 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 North 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 North 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 North 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.

Properties for sale Essendon North

	unit 55, 100 keilor rd, essendon north, vic, 3041	1	1	1	For Sale $330,000 - $360,000
	unit 3, 1 service st, essendon north, vic, 3041	2	1	1	EOI $1,230,000 - $1,330,000
	unit 7, 48 keilor rd, essendon north, vic, 3041	3	2	1	Private Sale $409,000
	71 bulla rd, essendon north, vic, 3041	3	2	2	$880,000-$950,000
	unit 4, 12 treadwell rd, essendon north, vic, 3041	2	2	1	$585,000
	unit 5, 48 keilor rd, essendon north, vic, 3041	2	1	1	$370,000 - $400,000
	unit g14, 2 gillies st, essendon north, vic, 3041	1	1	1	$300,000 - $330,000
	unit 220, 2 gillies st, essendon north, vic, 3041	2	2	1	Contact agent for details

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General Points of Interest

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