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.

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

	97a ogilvie st, essendon, vic, 3040	3	2	2	$1,350,000 - $1,450,000
	unit 104, 1044-1046 mt alexander rd, essendon, vic, 3040	2	1	1	$580,000 - $615,000
	unit 11, 30 richardson st, essendon, vic, 3040	3	1	2	Private Sale $305,000
	2 alfred rd, essendon, vic, 3040	2	1	1	Private Sale $1,600,000
	unit 1, 220 pascoe vale rd, essendon, vic, 3040	2	1	1	Private Sale $1,380,000
	unit 1, 64 market st, essendon, vic, 3040	3	1	1	Under Offer
	unit 1, 5 thistle st, essendon, vic, 3040	3	1	1	EOI $380,000 - $410,000
	71 market st, essendon, vic, 3040	3	2	2	Private Sale $2,100,000
	141 hedderwick st, essendon, vic, 3040	2	1	1	Private Sale $2,495,000
	unit 5, 18 schofield st, essendon, vic, 3040	2	1	1	Private Sale $670,000
	unit 1, 121 deakin st, essendon, vic, 3040	3	1	2	EOI $1,650,000 - $1,695,000
	unit 6, 6 lincoln rd, essendon, vic, 3040	4	2	2	Private Sale $440,000
	9 lincoln rd, essendon, vic, 3040	1	1	0	1320000
	unit 2, 12 balmoral st, essendon, vic, 3040	2	2	1	605000
	unit 5, 8 sturt st, essendon, vic, 3040	2	2	1	655000
	43 william st, essendon, vic, 3040	3	3	3	2950000
	unit 7, 324 pascoe vale rd, essendon, vic, 3040	2	2	1	600000
	unit 208, 324 pascoe vale rd, essendon, vic, 3040	1	1	1	380000
	unit 12, 146 cooper st, essendon, vic, 3040	2	2	1	615000
	unit 7, 119 buckley st, essendon, vic, 3040	1	1		Contact agent for details
	unit 5, 119 buckley st, essendon, vic, 3040	1	1		$320,000 - $350,000
	248 buckley st, essendon, vic, 3040	5	2	3	$1,800,000
	1a ogilvie st, essendon, vic, 3040	3	1	1	$885,000
	1008 mt alexander rd, essendon, vic, 3040	3	2	2	Forthcoming Auction - $1,290,000 - $1,385,000
	90 napier cr, essendon, vic, 3040	4	4	4	$3,500,000 - $3,850,000
	unit 9, 1044-1046 mt alexander rd, essendon, vic, 3040	2	1	1	$500,000 - $550,000
	15 butler st, essendon, vic, 3040	2	1	3	$1,350,000 - $1,400,000
	unit 2, 120 primrose st, essendon, vic, 3040	1	1	1	$290,000 - $319,000
	276 pascoe vale rd, essendon, vic, 3040	3	1	2	Contact agent for details
	39 hilda st, essendon, vic, 3040	2	1	1	EOI - $890,000 - $950,000
	unit 207, 19 russell st, essendon, vic, 3040	1	1		$295,000 - $320,000
	unit 211, 314 pascoe vale rd, essendon, vic, 3040	1	1	1	Contact agent for details
	25 crisp st, essendon, vic, 3040	4	2	4	$2,175,000
	96 primrose st, essendon, vic, 3040	4	2	3	$2,400,000 - $2,550,000
	unit 306, 316 pascoe vale rd, essendon, vic, 3040	1	1	1	$315,000 - $340,000
	31 ogilvie st, essendon, vic, 3040	2	1		Contact agent for details
	unit 9, 2a cameron rd, essendon, vic, 3040	3	1	1	Contact agent for details
	97 tennyson st, essendon, vic, 3040	3	2	2	$1,575,000 -$1,695,000
	31 richardson st, essendon, vic, 3040	4	2	4	$2,550,000
	70 ogilvie st, essendon, vic, 3040	4	2	3	$1,750,000 - $1,900,000
	unit 9, 137a woodland st, essendon, vic, 3040	1	1	1	$280,000 - $290,000
	unit 5, 136 hoffmans rd, essendon, vic, 3040	2	1	1	$600,000 - $630,000
	unit 505, 1050 mt alexander rd, essendon, vic, 3040	2	2	1	Contact agent for details
	8 leake st, essendon, vic, 3040				Contact agent for details
	28 deakin st, essendon, vic, 3040	3	2	2	EOI - $1,750,000 - $1,825,000
	30 daisy st, essendon, vic, 3040	3	2	2	Contact agent for details
	unit 110, 316 pascoe vale rd, essendon, vic, 3040	1	1	1	$315,000 - $340,000
	1 thorn st, essendon, vic, 3040	3	2	2	$1,825,000

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