Property investors who have had real estate in Essendon West, 3040 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.41%
The five-year average increase in median property values for Essendon West,3040 has given property investors a potential capital gain of 26.11% across each of those five years.
Property buyers and investors in Essendon West 3040 should be seeing an average reduction in asking price of around -7.71% . This means that Essendon West is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $465 mark per week – giving a return of 2.62% based on the median price in Suburb