ESSENDON NORTH 3041
State: VICPosiProp AI Investment Summary
ESSENDON NORTH (VIC 3041) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.6% and has experienced a 12-month capital growth of Up 14.8%, with a median house buy price of $1,435,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$791,000
$1,170,000
$1,650,000
$1,435,000
Suburb Market Profile
Last month Essendon North had 24 properties available for rent and 26 properties for sale. Median property prices over the last year range from $1,435,000 for houses to $427,500 for units. If you are looking for an investment property, consider houses in Essendon North rent out for $730 PW with an annual rental yield of 2.6% and units rent for $500 PW with a rental yield of 5.5%. Essendon North has seen an annual compound growth rate of 14.8% for houses and 11.0% for units.