Suburb Profile Report for Essendon North VIC (3041)

Essendon North House: Median price $1,170,000, Annual capital growth 9.98%, Number of sales 29, Weekly median advertised rent $445

Essendon North Unit: Median price $392,000, Annual capital growth 3.90%, Number of sales 47, Weekly median advertised rent $355

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Essendon North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 36.68% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Essendon North comes in at number 150th in VIC.

Essendon North3041 is located in VIC which offers an average discount of -5.00% to property investors. Essendon North itself is showing figures that indicate -1.20% is the average achievable by property buyers investing in the suburb.

Essendon North has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -14.04% to date .

If we look at median property appreciation over just the last three months, Essendon North has given property investors a paper return of -7.27%. This puts Suburb as 351 on a list of fastest fasting appreciating suburbs in VIC

Essendon North3041 is located in VIC which offers an average discount of -4.58% to property investors. Essendon North itself is showing figures that indicate -4.26% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Essendon North have been waiting around 70.45 days to sell a property.

The VIC suburb of Essendon North, 3041 is in the Moonee Valley local government area.

Metrics i HOUSE UNIT
$1,170,000 $392,000
5.88% -7.27%
36.68% -14.04%
9.98% 3.90%
$445 $355
29 47
1.98% 4.71%
37.69 70.45

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2287
Median household income ($/weekly) 1270
Median age of persons 39
Median housing loan repayment ($/monthly) 1950
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 260 11.4
    25-34 years 368 16.1
    35-44 years 374 16.3
    45-54 years 323 14.1
    55-64 years 244 10.7
    Others 719 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 806 49.6
    Not Married 701 43.2
    Defacto Relationship 117 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1552 74.0
    Indonesia 115 5.5
    Japan 104 5.0
    United Kingdom 52 2.5
    Other 69 3.3
    Others 206 9.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 2.3
    Christianity 1489 73.2
    Hinduism 79 3.9
    Islam 23 1.1
    No Religion 374 18.4
    Others 21 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 9.5
    $600-$799 70 8.5
    $1,000-$1,249 87 10.5
    $1,500-$1,999 108 13.1
    $2,500-$2,999 84 10.2
    Others 398 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 730 41.9
    Not in the labour force 574 33.0
    Employed, worked part-time 321 18.4
    Employed, away from work 66 3.8
    Unemployed, looking for work 50 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 146 13.0
    Professionals 280 25.0
    Technicians & trades workers 137 12.2
    Clerical & administrative workers 205 18.3
    Sales 115 10.3
    Others 238 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 35 7.7
    Infants/Primary 159 34.9
    Secondary 120 26.3
    Technical or Further Educational Institution 32 7.0
    University or other Tertiary Institutions 97 21.3
    Others 13 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1183 58.6
    Flat, unit or apartment 576 28.5
    Semi-detached, row or terrace house, townhouse 261 12.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 311 35.5
    Fully owned 289 33.0
    Being purchased 270 30.8
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals