Essendon North, 3041 ranked 3rd in VIC when comparing growth in median property values or capital gain over the last 12 months. Essendon North is one of 2098 in our list for VIC
Sellers are offering property buyers an average discount of -6.79% to buyers in Essendon North at the moment, which is less than average for the rest of VIC.
Property investors who have had real estate in Essendon North, 3041 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.87%
When looking at the potential capital gains offered to property investors over the last 3 years, Essendon North comes in at number 353th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.87% offered to property buyers. Sellers in Essendon North itself are offering an average vendor discount of -5.14% to real estate investors.
On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.
Essendon North, 3041’s gross rental yield is 4.33%