Suburb market data

Essendon, VIC 3040

Essendon VIC 3040: median asking price $519K for units and townhouses (48 listings). Bond rents and ranked listings.

Essendon asking prices: units and townhouses

• Median asking price, units and townhouses: $519K (48 listings). Middle 50%: $423K to $648K
• Active listings tracked: 99

Based on active listings with an advertised asking price, last checked between 23 Jun 2026 and 27 Oct 2026.

Essendon weekly rents (rental bond data)

• Median weekly rent, houses: $712/wk (Victorian DFFH rental report)
• Median weekly rent, units and townhouses: $500/wk (Victorian DFFH rental report)
• Indicative gross yield, units and townhouses: 5.0% (from the median bond rent and median asking price above)

Asking prices in Essendon, all listings

• Under $400k: 15 listings (17.4%)
• $400k-$600k: 27 listings (31.4%)
• $600k-$800k: 14 listings (16.3%)
• $800k-$1m: 8 listings (9.3%)
• $1m-$1.5m: 5 listings (5.8%)
• $1.5m-$2m: 7 listings (8.1%)
• $2m+: 10 listings (11.6%)

Ranked active listings in Essendon

• 103/973-975 Mount Alexander Road, $380K, 6.8% estimated yield
• 1.01/93-97 Rose Street, $430K, 6.0% estimated yield
• 205/93-97 Rose Street, $430K, 5.2% estimated yield
• 7/7 Schofield Street, $630K, 5.6% estimated yield
• 116/11 Glass Street, $642K, 5.5% estimated yield
• 308/36 Collins Street, $518K, 5.0% estimated yield
• 3/24 Queen Street, $648K, 5.5% estimated yield
• 3/14 Raleigh Street, $705K, 5.0% estimated yield
• 303/324 Pascoe Vale Road, $600K, 4.3% estimated yield
• 64 Hoffmans Road, $1.40M, 2.5% estimated yield
• 2/35 Clarinda Road, $720K, 3.6% estimated yield
• 1/168 Ogilvie Street, $480K, 5.4% estimated yield

Nearby suburbs

• Essendon North, VIC 3041
• Aberfeldie, VIC 3040
• Strathmore, VIC 3041
• Strathmore - Schickerling Real Estate, VIC 3041
• Essendon West, VIC 3040
• Moonee Ponds, VIC 3039
• Ascot Vale, VIC 3032
• Niddrie, VIC 3042

Victoria market data

• Melbourne median asking price, all listings, median weekly bond rent and estimated rental yield
• Victoria (VIC) median asking price, all listings, median weekly bond rent and estimated rental yield
• Australian median asking price, all listings, by state

Use this data

These Essendon asking-price figures are computed from listings we track directly, rents come from state rental bond data, and both are published under the Creative Commons Attribution 4.0 licence. Republish them anywhere, including commercially, as long as you credit Aus Property Invest.