118/87-89 Raleigh StreetEssendon VIC 3040
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Apartment Living with Comfort and Convenience in the Heart of Essendon
Property Details for 118/87-89 Raleigh St, Essendon
118/87-89 Raleigh St, Essendon is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for rent with Ray White Craigieburn.
About Essendon 3040
The size of Essendon is approximately 6.2 square kilometres. There are 20 parks, covering nearly 8.4% of the total area. The population of Essendon in 2016 was 20596 people. By 2021 the population was 21240 showing a population growth of 3.1% in the area during that time. The predominant age group in Essendon is 20-29 years. Households in Essendon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Essendon work in a professional occupation.In 2021, 62.10% of the homes in Essendon were owner-occupied compared with 60.20% in 2016.
Essendon has 13,018 properties. Over the last 5 years, Houses in Essendon have seen a 7.55% increase in median value, while Units have seen a -8.40% decrease. As at 31 May 2026:
- The median value for Houses in Essendon is $1,912,839 while the median value for Units is $566,531.
- Houses have a median rent of $800 while Units have a median rent of $530.
Suburb Insights for Essendon 3040
Market Insights
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