Essendon Suburb Profile, VIC, 3040 (Pricing & Investment Data)

Essendon Suburb Profile
Victoria 3040

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

Essendon has 13,012 properties. Over the last 5 years, Houses in Essendon have seen a 21.55% increase in median value, while Units have seen a -0.84% decrease. As at 30 November 2025:

  • The median value for Houses in Essendon is $1,929,483 while the median value for Units is $582,394.
  • Houses have a median rent of $645 while Units have a median rent of $500.
There are currently 21 properties listed for sale, and 17 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 652 properties were sold in the past 12 months in Essendon.

The size of Essendon is approximately 6.2 square kilometres. It has 20 parks covering nearly 8.4% of 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.

Suburb Insights for ESSENDON 3040

Market Insights
Essendon Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Essendon Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 21240

0-9

 

9%

10-19

 

12%

20-29

 

16%

30-39

 

15%

40-49

 

14%

50-59

 

14%

60-69

 

11%

70-79

 

6%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy
Cotality Copyright and Legal Disclaimers about Property Data

Last Updated: 12/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.