Check another suburbYour suburb, scored · Data as of Oct 2026
Essendon, VIC
R-Score 79 / 100 — ranked #3,249 of 15,286 suburbs this month
Market conditions here are running warmer than most
Most of the demand and supply indicators we track are sitting above the national midpoint this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Essendon →
Investment analysisIs Essendon a good investment in 2026? Read our deep dive: best and worst streets, cashflow at 80% LVR, and our take →Is Essendon a buy right now? Get our verdict + the 5 best streets
Our read on Essendon, the Top 5 streets to target, and the score, price, rent and market-speed trends behind it. Instant, free, and a copy lands in your inbox.
- Our read: is Essendon a buy right now?
- The Top 5 streets in Essendon to target
- 18-month R-Score trend + what's driving it
- 3-year price, rent & days-on-market charts
- Unlocks every Street Score report in Essendon
Best Streets in Essendon, VIC
Compare every street in Essendon (VIC) on the Street Score →
Other High-Scoring Suburbs in Moonee Valley (VIC)
- StrathmoreR-Score 93/100 · Streets →
- AberfeldieR-Score 92/100 · Streets →
- NiddrieR-Score 91/100 · Streets →
- Ascot ValeR-Score 90/100 · Streets →
- Moonee PondsR-Score 90/100 · Streets →
- Strathmore HeightsR-Score 90/100 · Streets →
| Indicator | Essendon Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 79 / 100 | Ranked #3,249 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $1,842,000 | +13.7% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $750/wk | Implies a 2.1% gross rental yield at the current median price |
| Rental Vacancy Rate | 3% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 65 days | Part of Moonee Valley (VIC) council area (LGA avg R-Score 86/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Essendon, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Essendon VIC FAQs
Frequently Asked Questions: Investing in Essendon, VIC
Is Essendon VIC a good suburb for property investment in 2026?
As of Oct 2026, Essendon (VIC 3040) scores 79/100 on the Ripehouse R-Score, ranking #3,249 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $1,842,000, median rent of $750/wk, gross yield of 2.1%, and vacancy of 3%.
What is the median house price and 12-month growth in Essendon VIC?
The current median property price in Essendon (VIC) is $1,842,000 (Oct 2026), representing a +13.7% change over the past 12 months. Properties in Essendon currently spend a median of 65 days on market.
What is the rental yield and vacancy rate in Essendon VIC?
In Essendon (VIC), the median weekly asking rent is $750/wk, producing a gross rental yield of 2.1%. The suburb vacancy rate is 3% as of Oct 2026.
What are the best streets in Essendon VIC?
Ripehouse Advisory scores every G-NAF street in Essendon against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Essendon Street Score tool on this page to compare individual streets.
Which council area (LGA) is Essendon VIC located in?
Essendon (VIC, postcode 3040, 3071) is located in the Moonee Valley council area (LGA) within Greater Melbourne. Across Moonee Valley, the council-wide average R-Score is 86/100 across 15 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.