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Essendon West
VIC, 3040 - Moonee Valley

Thinking about buying in Essendon West? Now could not be a better time, with 813 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,642,000 with prices in this suburb ranging from $459,000 to $6,516,000. Essendon West 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.

Household Makeup

Median Weekly Rent $436.00
Median Monthly Mortgage $2276.50
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 39.50
Average Income $991.00
Average Cars Per Dwelling 2.03
Average Properties Within 50M 15

Housing Stock

Average Property Prices

1 Bed  $1,878,000
2 Bed  $943,000
3 Bed  $1,740,000
4 Bed  $1,892,000
5 Bed  $2,624,000
6 Bed+$1,852,000

Essendon West Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Essendon West driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Essendon West 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. A mix of professions and above average income earners in Essendon West provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Essendon West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Essendon West we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Essendon West a better buying opportunity than it may have been in the past.

Houses for sale Essendon West

Harcourts UNIT 4, 63 HAMPTON RD, ESSENDON WEST, VIC, 3040 Beds4 Bathrooms2 Parking 1 $740,000 - $795,000

Local Schools

St Bernard's College

Rosehill Secondary College

Aberfeldie Primary School

St John Bosco's School

St Margaret's Primary School

Our Lady of the Nativity School

Buckley Park College

Ave Maria College

Essendon Keilor College

Resurrection House

(While the above schools are located with the suburb of Essendon West 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 West 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

AberfeldieNiddrieMaribyrnongAvondale HeightsEssendon NorthEssendonKeilor EastMaidstoneEssendon FieldsAirport West

Public Transport


General Points of Interest

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