Essendon Property Growth
VIC · 3040 · North-West Melbourne
A well-established middle-ring suburb in Melbourne's north-west, known for its period housing, Essendon Airport, and the Essendon Football Club's historical home ground.
Overview
Location: City of Moonee Valley
A well-established middle-ring suburb in Melbourne's north-west, known for its period housing, Essendon Airport, and the Essendon Football Club's historical home ground.
Market Snapshot
Median House Price
$1.99m
Median Unit Price
$566k
Avg Days on Market
74 days
Demographics
Estimated Population
20,590
Owner Occupier Rate
62.0%
Renter Rate
38.0%
Transport & Connectivity
Essendon is served by two stations on the Craigieburn line and sits close to the Tullamarine Freeway.
Major Roads
- Tullamarine Freeway (CityLink)
- Keilor Road
- Buckley Street
Train Lines
- Essendon and Glenbervie stations, on the Craigieburn line (approx. 18 minutes to Flinders Street)
Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Essendon is home to some of Melbourne's most established private schools.
Primary Schools
- Aberfeldie Primary School
Secondary Schools
- Penleigh and Essendon Grammar School (PEGS)
- Lowther Hall Anglican Grammar School
- St Bernard's College
- St Columba's College
Childcare
A range of long day care, kindergarten and outside school hours care providers operate across Essendon. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Keilor Road and Rose Street provide Essendon's main village shopping and dining strips. Woodlands Park and Buckley Park offer recreation space, and the Essendon Fields precinct (built on the former airport site) adds retail and commercial activity to the suburb's northern end.
Employment
Essendon combines residential character with Essendon Fields commercial precinct employment.
Major Employment Hubs
- Essendon Fields (former airport site, now commercial/retail precinct)
Commercial Centres
- Keilor Road
- Rose Street
- Essendon Fields
Infrastructure
No major infrastructure projects are currently confirmed for Essendon. Check Infrastructure Australia's project pipeline, State Government announcements or City of Moonee Valley's website for the latest updates on works that may affect the area.
Growth Drivers
- Dual-station Craigieburn line access — Essendon and Glenbervie stations give the suburb a fast, roughly 18-minute run to Flinders Street.
- Essendon Fields precinct — Built on the former airport site, this commercial and retail precinct adds significant local employment beyond the suburb's residential base.
- Established private school precinct — Penleigh and Essendon Grammar School, Lowther Hall Anglican Grammar School, St Bernard's College and St Columba's College support consistent family buyer demand.
- Village shopping strips — Keilor Road and Rose Street sustain a strong local retail and hospitality economy.
Key Risks
- Essendon's premium school-precinct entry price can limit the pool of buyers compared with more affordable middle-ring suburbs.
- Proximity to the Tullamarine Freeway and Essendon Fields (including its light aircraft operations) means some parts of the suburb experience more noise than quieter residential pockets.
- Like all property markets, Essendon is sensitive to broader interest-rate and lending-condition movements.
Frequently Asked Questions
Essendon's growth drivers include fast Craigieburn line rail access, the Essendon Fields commercial precinct, and one of Melbourne's most established private school precincts, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Essendon is home to some of Melbourne's most established private schools, including Penleigh and Essendon Grammar School, Lowther Hall Anglican Grammar School, St Bernard's College and St Columba's College.
Essendon and Glenbervie stations serve the suburb on the Craigieburn line, approximately 18 minutes to Flinders Street. Verify current timetables and traffic conditions before relying on any commute estimate.
Keilor Road and Rose Street provide Essendon's main village shopping and dining strips, with Woodlands Park and Buckley Park offering recreation space, and the Essendon Fields precinct (built on the former airport site) adding retail and commercial activity to the suburb's northern end.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Moonee Valley— https://www.mvcc.vic.gov.au
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.