Essendon Suburb Profile

Victoria 3040

Essendon has 12,908 properties. Over the last 5 years, Houses in Essendon have seen a 31.57% increase in median value, while Units have seen a 9.77% increase. As at 31 May 2024:

• The median value for Houses in Essendon is $1,788,778 while the median value for Units is $569,207.
• Houses have a median rent of $700 while Units have a median rent of $470.

The size of Essendon is approximately 6.2 square kilometres. It has 20 parks covering nearly 8.4% of total area. The population of Essendon in 2011 was 18,852 people. By 2016 the population was 20,611 showing a population growth of 9.3% in the area during that time. The predominant age group in Essendon is 20-29 years. Households in Essendon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon work in a professional occupation. In 2011, 64% of the homes in Essendon were owner-occupied compared with 60.2% in 2016.