With a capital gain of 9.52% for the last 12 months, Essendon North, 3041 has performed for property investments than its average annual 7.29% property growth over the last 5 years.
The five-year average increase in median property values for Essendon North,3041 has given property investors a potential capital gain of 44.65% across each of those five years.
Situated 10.12km from the CBD, Essendon North is one of Moonee Valley (C) localities in the postcode 3041.
VIC has seen average median house prices change by 7.35% which means that Essendon North, 3041 has done well for property investors by showing a capital gain of 10.31% over the last year
Over the longer term, Essendon North has seen property prices show investors a -5.01% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Essendon North is offering property investors an average of -5.85. This rate of discount on properties puts Suburb at number 18th in terms of most discounted suburbs in VIC