Neutral Market
6/16
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Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 59.7 | Met |
| Vacancy Rate | 1.2% | Met |
| Gross Rental Yield | 2.3% | Not Met |
| Days on Market | 93 days | Not Met |
| Median Property Value | $1.70m | Caution |
| 3-Year Capital Growth | N/A | No Data |
| 12-Month Rental Growth | N/A | No Data |
| Average Vendor Discount | 0.0% | Met |
Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.
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 model-adjusted Demand Supply Ratio (DSR) estimate for Essendon is 59.7, which is rated as strong for investment. The model-adjusted vacancy estimate is 1.2%, indicating strong rental demand.
The model-adjusted gross rental yield estimate in Essendon is 2.3%. Properties in Essendon typically sell within an estimated 93 days.
Assessment from 25 February 2026 (196 days ago) — may be outdated.
ReassessInfrastructure Nearby
43 funded projects ($8794.95m) — Arts, Cultural Facilities, Education