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City of Moonee Valley
Essendon North

Essendon North Property Market
& Suburb Profile

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MEDIAN PRICES IN ESSENDON NORTH

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)-7.48%

Median unit price

(all agencies, last 12 months)$425k*

Unit price change

(all agencies, last 12 months)+6.92%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ESSENDON NORTH PRICE TRACKER

HousesUnits

ESSENDON NORTH SALES OVERVIEW

  • Sold by Auction 50%
  • Sold by Private Sale or Other Method 50%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)31

Average days on market (units)

(all agencies, 12 months)37

Auction clearance rate in Essendon North

(all agencies, last 12 months)50%

Average held period in Essendon North

(proptrack)14 years

ESSENDON NORTH INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$748pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$513pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)2.48%

Average rental yield for Units

(all agencies, last 12 months)5.15%

Essendon North total population size

(as at the last census)3,071

Median household size in Essendon North

(as at the last census)2.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

ESSENDON NORTH PROPERTY TYPES

  • Houses 17%
  • Units 49%
  • Other 34%

OCCUPANCY IN ESSENDON NORTH

  • Owned 53%
  • Rented 46%
  • Other/Not Stated 1%
  • Singles 40%
  • Families 56%
  • Other 4%

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ABOUT ESSENDON NORTH

Essendon North is a compact and highly sought-after residential pocket located approximately 10 kilometres northwest of the Melbourne CBD. Historically a farming district, it began to thrive in the early 20th century as an aeronautical industry hub adjacent to Essendon Airport.

Today, it is recognised as the smallest suburb in the Moonee Valley region, offering a unique blend of heritage charm and modern urban convenience. The suburb is defined by its leafy streets, historical aviation links, and a vibrant village atmosphere that attracts a diverse demographic of professionals and young families.

The lifestyle in Essendon North is centered on the lively "North Essendon Village" precinct along Keilor Road. This bustling commercial strip is celebrated for its rich cafe culture, specialty grocers, and diverse dining options that reflect the area's multicultural heritage. For recreation, residents enjoy well-maintained green spaces such as Lincoln Park, which serves as a central hub for community gatherings and outdoor activity. The suburb also benefits from its close proximity to the extensive parklands of neighboring Essendon and the innovative Essendon Fields precinct, which offers modern retail, fitness, and entertainment facilities within a uniquely aviation-focused setting.

Infrastructure and transit are fundamental to the suburb's character, providing elite connectivity to the city and the northern suburbs. The route 59 tram travels directly through the heart of the suburb along Keilor Road and Mount Alexander Road, offering a frequent link to the CBD and the university precincts. The suburb's position near the junction of the Tullamarine and Calder Freeways ensures seamless vehicle access to Melbourne Airport and the regional corridors. Currently, the Moonee Valley City Council is focusing on the North Essendon Major Activity Centre plan, which aims to enhance the "local village" character through increased tree canopy, upgraded footpaths, and the preservation of heritage commercial streetscapes.

Education is a cornerstone of the Essendon North community, anchored by the prestigious Essendon North Primary School. As an International Baccalaureate (IB) World School, it is recognized for its commitment to global educational standards and high academic achievement. Secondary students in the area typically access a range of high-performing government and independent colleges in the surrounding districts, including the various campuses of Essendon Keilor College. This strong educational foundation, combined with numerous early learning centers, makes the suburb a perennial favorite for families seeking a stable and supportive environment for their children.

From a property perspective, Essendon North is a resilient and high-demand market with architectural diversity and high rate of owner-occupation. The housing stock ranges from beautifully preserved 1920s California Bungalows and Art Deco residences to post-war brick homes and contemporary luxury apartments near the commercial core. The market is defined by its stability and the limited supply of detached dwellings, ensuring its status as a premium residential enclave. With its unique blend of aviation history, elite transport access, and a sophisticated village lifestyle, Essendon North remains one of the most stable and aspirational residential destinations in Melbourne’s northwest.

Education

Essendon North Primary School
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SALES COMPARISON

Find out how Essendon North median sales prices compare to neighbouring suburbs.

ESSENDON NORTH MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025121$831,250-7.48%206$631pw3.81%
2024144$823,750-10.71%211$605pw3.90%
2023112$905,00010.67%200$581pw3.65%
2022113$862,000-9.64%260$515pw3.19%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025121$831,250-7.48%
2024144$823,750-10.71%
2023112$905,000+10.67%
2022113$862,000-9.64%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025206$631pw3.81%
2024211$605pw3.90%
2023200$581pw3.65%
2022260$515pw3.19%

PROUDLY SERVICING Essendon North

Barry Plant
Essendon

Barry Plant
Keilor East

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.