Essendon West Suburb ProfileVictoria 3040
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Essendon West has 795 properties. Over the last 5 years, Houses in Essendon West have seen a 8.32% increase in median value, while Units have seen a 13.94% increase. As at 31 October 2024:
- The median value for Houses in Essendon West is $1,237,829 while the median value for Units is $755,213.
- Houses have a median rent of $745 while Units have a median rent of $650.
The size of Essendon West is approximately 1 square kilometres. It has 9 parks covering nearly 29.4% of total area. The population of Essendon West in 2011 was 1,398 people. By 2016 the population was 1,407 showing a population growth of 0.6% in the area during that time. The predominant age group in Essendon West is 40-49 years. Households in Essendon West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon West work in a professional occupation. In 2011, 73.6% of the homes in Essendon West were owner-occupied compared with 70.7% in 2016.
Market Insights
Essendon West Trends for Houses
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Essendon West Trends for Units
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Neighbourhood Insights
Age
Population 1,407
0-9
11%
10-19
15%
20-29
12%
30-39
11%
40-49
17%
50-59
11%
60-69
10%
70-79
6%
80-89
5%
90-99
1%
Household Structure
Occupancy
Recent Sales in ESSENDON WEST 3040
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Last Updated: 21/11/2024
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