Over the last year, property investments in Essendon North, 3041 have given investors a capital gain of 29.14%. This compares very favourably with the 7.68% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Essendon North comes in at number 184th in VIC.
Vendor discounting in Essendon North is giving property investors an average Vendor Discount of around -10.06%. This puts suburb at number 51th in VIC when ranking the most discounted suburbs.
At number 2487 in a list of fastest selling suburbs, Essendon North is in the bottom 40% of suburbs in Australia with an average of days on market 96.68 for properties listed there.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
Essendon North has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 0.00% to date .
While Essendon North,3041 ranked number 296th in VIC for increase in median house value (annualised) increase, it is ranked 328th over the last 5 years.
Property investors looking for a bargain in Essendon North should be aiming for at least -4.35% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $340 weekly from the median priced house in this suburb.