With a capital gain of 3.13% for the last 12 months, Essendon North, 3041 has performed for property investments than its average annual 7.09% property growth over the last 5 years.
Essendon North,3041 was ranked 133 in Australia by increase in median property value over the quarter.
At number 17th of VIC’s most discounted properties, Essendon North is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 30 properties changed hands in Essendon North, which puts it as the 520th most active market in VIC when comparing the number of sales per suburb.
Giving property investors a a poor capital gain of -9.17% for the last year, Essendon North, 3041 is the 1550th highest performer in Australia in this respect.
Over the longer term, Essendon North has seen property prices show investors a 3.81% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Essendon North, 3041. Typically our figures indicate that -6.96% is being offered, which puts this VIC suburb at 271th most discounted overall in Australia.
Renters in Suburb are facing rents around $4080 per annum or $340 every week.