Essendon (VIC 3040): property prices & suburb profile

Moonee Valley LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Essendon · VIC 3040 · typical house price · 12 months to 2025-Q4
$1,717,000+84.9%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (207 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,717,000
207 sales over 4 quarters
Typical unit price
$560,000
12 months to 2025-Q4, 371 sales
Sales in the last year
578
houses + units
SEIFA advantage decile
10 of 10
Essendon
Schools in the suburb
7
ACARA registered

Essendon property prices

The typical Essendon house sold for around $1,717,000 in the year to 2025-Q4, +84.9% over 10 years and +20.1% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
-0.4%
-0.5%
+20.1%
+84.9%
Units
+4.9%
-12.5%
-4.8%
+15.4%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
473k853k1.23M1.61M2.00M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$870,000$462,000
2014$942,000$470,000
2015$1,228,000$511,000
2016$1,365,000$530,000
2017$1,400,000$535,000
2018$1,691,000$505,000
2019$1,450,000$570,000
2020$1,520,000$615,000
2021$1,750,000$620,000
2022$1,845,500$599,500
2023$1,795,000$535,000
2024$1,741,500$542,500
Apr 2024$1,900,000$615,000
July 2024$1,655,000$497,500
Oct 2024$1,700,000$565,000
2025$1,560,000$575,000
Apr 2025$1,680,000$530,000
July 2025$1,752,500$550,000
Oct 2025$1,872,000$585,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Essendon medians by quarter

The most recent quarter on record for Essendon is 2025-Q4.

Essendon medians by quarter
2025-Q4Unit$585k103
2025-Q4House$1.87M49
2025-Q3Unit$550k94
2025-Q3House$1.75M55
2025-Q2Unit$530k92
2025-Q2House$1.68M56
2025-Q1Unit$575k82
2025-Q1House$1.56M47
2024-Q4Unit$565k83
2024-Q4House$1.70M63
2024-Q3Unit$498k72
2024-Q3House$1.66M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Essendon

Essendon has a median age of 39 and a median household income of $2,132 a week.

Population (Essendon)
21,240
Median age (Essendon)
39 years
Median household income (Essendon)
$2,132/wk
People per square kilometre
3,449
Average taxable income (postcode, 2023)
$101,600
SEIFA advantage decile (Essendon)
10 of 10
Addresses in the suburb (G-NAF)
13,443
Rooftop solar installs, 12 months (postcode)
136
How Essendon homes are held
Owned outright
32.4% · 2,760
Owned with a mortgage
29.7% · 2,527
Rented
35.6% · 3,037
Essendon homes by bedroom count
1 bedroom or studio
11.0% · 926
2 bedrooms
31.9% · 2,694
3 bedrooms
31.7% · 2,677
4 bedrooms
19.7% · 1,663
5 or more
5.7% · 484
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
9 of 10
Economic resources (IER)from household income, wealth and housing costs
5 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Essendon are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Essendon - East" and postcode 3040 both extend beyond Essendon.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Essendon

The 7 schools in Essendon sit at the 86th percentile nationally on ACARA's socio-educational index.

Schools located in Essendon
Aberfeldie Primary SchoolGovernmentPrimary1,108
Buckley Park CollegeGovernmentSecondary1,088
Essendon Primary SchoolGovernmentPrimary1,137
Lowther Hall Anglican Grammar SchoolIndependentCombined1,161
St Bernard's CollegeCatholicSecondary1,100
St Columba's CollegeCatholicSecondary1,107
St Therese's SchoolCatholicPrimary1,116
Median school percentile nationally · ICSEA score
Essendon · 7 schools
86th · 1108
Melbourne West
62nd · 1036
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Essendon

Essendon's typical house price of $1,717,000 is the highest of the 25 Melbourne West suburbs we cover.

All Melbourne West suburb research

Essendon: common questions

How much does a house cost in Essendon?
About $1,717,000 across the 12 months to 2025-Q4, from 207 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Essendon prices gone up?
Prices have risen 84.9% over 10 years and moved +20.1% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Essendon?
The typical unit price was around $560,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 371 sales.
Can I see Essendon prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Essendon?
Essendon has 7 ACARA-registered schools, including Aberfeldie Primary School, Buckley Park College, Essendon Primary School, Lowther Hall Anglican Grammar School, St Bernard's College, St Columba's College.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.