Investment property in Essendon West has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
The five-year average increase in median property values for Essendon West,3040 has given property investors a potential capital gain of 27.59% across each of those five years.
The most recent median price for Essendon West is $925000, with sellers offering an average of -7.71% off the asking price.
In the last year 26 properties changed hands in Essendon West, which puts it as the 550th most active market in VIC when comparing the number of sales per suburb.
Essendon West, 3040’s gross rental yield is 2.56%