Essendon, VIC 3040

Property data updated 21,240 residents
Last 12 months snapshot
605 sales · 793 leases · Refreshed July 2026

Essendon property market

Essendon's busiest market is unit rentals, with 621 leases (down 13%) at $525 a week (up 6.1%) as of July 2026, renting out in about 22 days (down from 23 days last year), more sought-after than most unit rental markets in Victoria, with more than half being 2-bedroom.

Unit sales follow, with 360 sales (up 4.7%) at around $549k (down 0.2%), taking about 28 days to sell (up from 26 days last year), among Victoria's most in-demand unit markets, with 2-bedroom the most common at around 60%. Rounding it out, 245 house sales at around $1.836M (up 10.8%). 172 house rentals at $795 a week (among Victoria's strongest house rent gains).

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Essendon demographics & population

Population
21,240
Median age
39yrs
Avg household
2.4people
Male · Female
48% · 52%
Owner-occupied
Renting
Lone person
Couples, no kids
Born overseas
Year 12+

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

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Property market