Cold Market
2/16
Key Investment Metrics
| Metric | Status |
|---|---|
| Demand Supply Ratio (DSR) | Not Met |
| Vacancy Rate | Caution |
| Gross Rental Yield | Not Met |
| Days on Market | No Data |
| Median Property Value | Caution |
| 3-Year Capital Growth | No Data |
| 12-Month Rental Growth | No Data |
| Average Vendor Discount | No Data |
About Essendon West, VIC 3040
Essendon West is located in Victoria with postcode 3040. Based on our analysis of 23+ growth factors, Essendon West is classified as a cold market with a Hot Market Score of 2/16.
The Demand Supply Ratio (DSR) for Essendon West is 40.0, which is rated as weak for investment. The vacancy rate is 3.8%, suggesting moderate rental demand.
Gross rental yield in Essendon West is 2.8%.
Assessment from 25 February 2026 (41 days ago) — may be outdated.
Reassess