Essendon
Property profile for Essendon, Melbourne. Median prices and property calculators.
Median Prices
Median House Price
$1,400,000
Approximate median for Essendon, Melbourne
Median Unit Price
$520,000
Approximate median for Essendon, Melbourne
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Estimated Stamp Duty
$71,000
On median house price of $1,400,000
Estimated Monthly Mortgage
$6,860
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$280,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Essendon
Essendon is an established north-western suburb approximately ten kilometres from Melbourne's CBD, known for its village-like atmosphere and strong community identity. The suburb's main shopping and dining precincts along Rose Street, Keilor Road, and Mount Alexander Road offer a curated mix of cafés, restaurants, delis, and specialty retailers that give Essendon a distinctly European feel. Property is characterised by handsome period homes including Victorian, Edwardian, and California bungalow styles on tree-lined streets, with some modern townhouse developments on subdivided blocks. Essendon Fields, the redeveloped former Essendon Airport precinct, provides additional dining, retail, and commercial space, and the DFO outlet shopping centre attracts bargain hunters from across Melbourne. Moonee Valley Park and various local reserves offer green space and sporting facilities. Transport is convenient, with Essendon station on the Craigieburn train line offering CBD services in about 20 minutes, plus bus routes and good road access via the Tullamarine Freeway, making it one of Melbourne's best suburbs for airport proximity. The suburb is well-served by both public and private schools. Essendon appeals to families seeking established homes in a walkable neighbourhood, professionals who value easy airport and CBD access, and downsizers looking for quality apartments near village amenities.