Your suburb, scored · Data as of Oct 2026

Essendon West, VIC

Postcode 3040 · Moonee Valley council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 87 / 100 — ranked #2,140 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.

Median house price$1,505,000

Up 28.1% over the past 12 months of settled sales.

Median weekly rent$750/wk

That's a gross yield of 2.6% at the current median price.

Vacancy rate1.7%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Essendon West, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Essendon West's streets below.

Other High-Scoring Suburbs in Moonee Valley (VIC)

IndicatorEssendon West ReadingContext & Benchmark
Ripehouse R-Score87 / 100Ranked #2,140 of 15,286 Australian suburbs (Oct 2026)
Median House Price$1,505,000+28.1% over the past 12 months of settled sales
Median Weekly Asking Rent$750/wkImplies a 2.6% gross rental yield at the current median price
Rental Vacancy Rate1.7%Above the 1.5% tight-supply threshold
Median Days on Market120 daysPart of Moonee Valley (VIC) council area (LGA avg R-Score 86/100)

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Essendon West VIC FAQs

Frequently Asked Questions: Investing in Essendon West, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Essendon West.

Is Essendon West VIC a good suburb for property investment in 2026?

As of Oct 2026, Essendon West (VIC 3040) scores 87/100 on the Ripehouse R-Score, ranking #2,140 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $1,505,000, median rent of $750/wk, gross yield of 2.6%, and vacancy of 1.7%.

What is the median house price and 12-month growth in Essendon West VIC?

The current median property price in Essendon West (VIC) is $1,505,000 (Oct 2026), representing a +28.1% change over the past 12 months. Properties in Essendon West currently spend a median of 120 days on market.

What is the rental yield and vacancy rate in Essendon West VIC?

In Essendon West (VIC), the median weekly asking rent is $750/wk, producing a gross rental yield of 2.6%. The suburb vacancy rate is 1.7% as of Oct 2026.

What are the best streets in Essendon West VIC?

Ripehouse Advisory scores every G-NAF street in Essendon West against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Essendon West Street Score tool on this page to compare individual streets.

Which council area (LGA) is Essendon West VIC located in?

Essendon West (VIC, postcode 3040) 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.