Essendon 3040
Market analysis for investment properties in Essendon
Median Price
$1,752,500
Trend:Decelerating
-2.0%
Median Rent
$800/pw
Trend:Accelerating
+11.1%
Rental Yield
2.37%
Trend:Accelerating
+13.4%
Median DoM
25 Days
Trend:Decelerating
-24.6%
Market Analysis
Why investors are watching Essendon right now.
Essendon, located in the Moonee Valley LGA of Victoria, boasts a range of shopping options, including the vibrant Essendon Fields shopping precinct with major retailers and boutique stores. Notable shopping destinations within close proximity include DFO Essendon and Essendon North Village, providing residents with a diverse retail experience.
The suburb is home to reputable primary and secondary schools, such as St. Columba's College, Lowther Hall Anglican Grammar School, and Essendon Primary School. These educational institutions offer high-quality learning environments and a range of extracurricular activities for students.
Essendon is well-connected to the Melbourne CBD via multiple transport options. The suburb is serviced by the Craigieburn train line, with Essendon Railway Station providing direct access to the city center. Additionally, multiple bus routes, including the 475 and 477, offer convenient public transport links to nearby areas and the CBD.
Surrounded by greenery, Essendon features several parks and recreational areas for residents to enjoy. The expansive Queens Park offers walking trails, playgrounds, and picnic spots, while the nearby Maribyrnong River provides opportunities for outdoor activities such as kayaking and cycling. The lush green spaces contribute to the suburb's desirable lifestyle and overall aesthetic appeal.
Loading Map...
Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Essendon often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Essendon be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Essendon, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the Essendon property market in 2026.
As of March 2026, the Essendon property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of -1.96% and units have grown by 0.02%. These figures reflect the evolving demand within Moonee Valley, offering potential for long-term value preservation.
Based on the latest market snapshot, median property prices in Essendon range from $1,752,500 for houses to $568,110 for units. These values are calculated based on recent transaction data and current buyer activity across the Moonee Valley region.
For investors targeting cash flow, houses rent for $800 /pw with a 2.37% yield, while units rent for $520 /pw with a 4.76% yield. This rental performance is a key indicator of strong tenant demand within the Essendon area.
Market Insights Last Updated: March 2026