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Essendon North
VIC, 3041 - Moonee Valley

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.

Household Makeup

Median Weekly Rent $385.60
Median Monthly Mortgage $1970.00
Median Persons Per Bedroom 0.85
Average Household Size 2.10
Average Age 41.10
Average Income $953.40
Average Cars Per Dwelling 1.39
Average Properties Within 50M 136

Housing Stock

Average Property Prices

1 Bed  $439,000
2 Bed  $711,000
3 Bed  $1,616,000
4 Bed  $2,186,000
5 Bed  $2,134,000
6 Bed+$1,484,000

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

Fletchers UNIT 55, 100 KEILOR RD, ESSENDON NORTH, VIC, 3041 Beds1 Bathrooms1 Parking 1 For Sale $330,000 - $360,000
Nelson Alexander UNIT 3, 1 SERVICE ST, ESSENDON NORTH, VIC, 3041 Beds4 Bathrooms2 EOI $1,230,000 - $1,330,000
Nelson Alexander UNIT 67, 100 KEILOR RD, ESSENDON NORTH, VIC, 3041 Beds Bathrooms Private Sale $370,000
Nelson Alexander UNIT 7, 48 KEILOR RD, ESSENDON NORTH, VIC, 3041 Beds2 Bathrooms1 Parking 1 Private Sale $409,000
Woodards 71 BULLA RD, ESSENDON NORTH, VIC, 3041 Beds3 Bathrooms2 Parking 2 $880,000-$950,000
Woodards UNIT 4, 12 TREADWELL RD, ESSENDON NORTH, VIC, 3041 Beds2 Bathrooms2 Parking 1 $585,000
Woodards UNIT 5, 48 KEILOR RD, ESSENDON NORTH, VIC, 3041 Beds2 Bathrooms1 Parking 1 $390,000 - $420,000
Woodards UNIT G14, 2 GILLIES ST, ESSENDON NORTH, VIC, 3041 Beds1 Bathrooms1 Parking 1 $300,000 - $330,000
Woodards UNIT 220, 2 GILLIES ST, ESSENDON NORTH, VIC, 3041 Beds2 Bathrooms2 Parking 1 Contact agent for details

Local Schools

Essendon North Primary School

St Therese's School

Buckley Park College

St John Bosco's School

Strathmore Primary School

Rosehill Secondary College

St Vincent de Paul's School

Niddrie Primary School

Essendon Primary School

Resurrection House

(While the above schools are located with the suburb of Essendon North there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Essendon North 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
Jan1.315.027.739.086.35.324.8
Feb1.315.126.942.389.04.920.6
Mar1.213.724.843.588.74.616.0
Apr1.610.921.148.291.34.311.7
May1.48.617.156.692.24.78.5
Jun1.46.514.464.194.34.37.4
Jul1.26.514.061.692.95.27.7
Aug1.46.714.954.892.05.410.2
Sept1.78.117.947.790.75.414.4
Oct1.69.520.744.590.75.319.0
Nov2.311.523.143.990.35.121.4
Dec1.813.225.641.088.35.124.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Essendon FieldsNiddrieStrathmoreEssendonEssendon WestAirport WestAberfeldieOak ParkStrathmore HeightsPascoe Vale South

Public Transport


General Points of Interest

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