Neutral Market
5/16
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Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 56.7 | Met |
| Vacancy Rate | 0.9% | Met |
| Gross Rental Yield | 2.5% | Not Met |
| Days on Market | 25 days | Met |
| Median Property Value | $1m | Caution |
| 3-Year Capital Growth | N/A | No Data |
| 12-Month Rental Growth | N/A | No Data |
| Average Vendor Discount | N/A | No Data |
Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.
About Essendon North, VIC 3041
Essendon North is located in Victoria with postcode 3041. Based on our analysis of 23+ growth factors, Essendon North is classified as a neutral market with a Hot Market Score of 5/16.
The model-adjusted Demand Supply Ratio (DSR) estimate for Essendon North is 56.7, which is rated as strong for investment. The model-adjusted vacancy estimate is 0.9%, indicating strong rental demand.
The model-adjusted gross rental yield estimate in Essendon North is 2.5%. Properties in Essendon North typically sell within an estimated 25 days.
Assessment from 25 February 2026 (197 days ago) — may be outdated.
ReassessInfrastructure Nearby
32 funded projects ($6213.57m) — Arts, Cultural Facilities, Education