Essendon North Suburb Profile

Victoria 3041

Essendon North has 2,398 properties. Over the last 5 years, Houses in Essendon North have seen a 22.04% increase in median value, while Units have seen a 7.80% increase. As at 31 May 2024:

• The median value for Houses in Essendon North is $1,340,140 while the median value for Units is $487,103.
• Houses have a median rent of $600 while Units have a median rent of $450.

The size of Essendon North is approximately 0.8 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Essendon North in 2011 was 2,287 people. By 2016 the population was 2,979 showing a population growth of 30.3% in the area during that time. The predominant age group in Essendon North is 30-39 years. Households in Essendon North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon North work in a professional occupation. In 2011, 62.1% of the homes in Essendon North were owner-occupied compared with 49.8% in 2016.