Neutral Market
6/16
Key Investment Metrics
| Metric | Status |
|---|---|
| Demand Supply Ratio (DSR) | Met |
| Vacancy Rate | Met |
| Gross Rental Yield | Not Met |
| Days on Market | Not Met |
| Median Property Value | Caution |
| 3-Year Capital Growth | No Data |
| 12-Month Rental Growth | No Data |
| Average Vendor Discount | Met |
About Essendon, VIC 3040
Essendon is located in Victoria with postcode 3040. Based on our analysis of 23+ growth factors, Essendon is classified as a neutral market with a Hot Market Score of 6/16.
The Demand Supply Ratio (DSR) for Essendon is 59.0, which is rated as strong for investment. The vacancy rate is 1.2%, indicating strong rental demand.
Gross rental yield in Essendon is 2.3%. Properties in Essendon typically sell within 91 days.
Assessment from 25 February 2026 (41 days ago) — may be outdated.
Reassess