Essendon, located approximately 10 km northwest of Melbourne’s Central Business District, is part of the City of Moonee Valley. This suburb is known for its rich history, beautiful heritage homes, and leafy streets, offering a blend of urban living and suburban comfort.
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Demographic Profile
- Population: According to the 2021 census, the population of Essendon was 21,240.
- Predominant Age Group: The suburb is popular among the 30-49 age group, attracting young professionals and families.
- Median Household Income: Typically higher than the Melbourne average, reflecting the area’s affluence.
- Occupancy: A mix of homeowners and renters, with a substantial proportion of owner-occupied dwellings.
Real Estate and Growth
- Median House Prices: The median house price in Essendon is approximately AUD 1,400,000.
- Median Unit Prices: The median price is around AUD 600,000 for units.
- Rental Market: The median rent for houses is about AUD 550 per week, and for units, it’s approximately AUD 350 per week.
- Market Trends: Essendon has experienced steady growth in property values, favoured for its charming character homes and convenient location.
Education and Lifestyle
- Schools: Essendon is known for its excellent schools, including Essendon Primary School and Penleigh and Essendon Grammar School.
- Local Vibe: The suburb boasts a vibrant atmosphere with a strong sense of community, hosting various local events and festivals.
- Community Insights: Residents appreciate the suburb’s safety, family-friendly environment, and historic and modern amenities.
Transportation
- Public Transport: Well-connected by train (Essendon Station) and tram services, offering easy access to the city and surrounding areas.
- Accessibility: Major roads such as the Tullamarine Freeway provide quick access to the city and Melbourne Airport.
Notable Features
- Shopping and Dining: Essendon features a lively shopping and dining scene, especially along Mount Alexander Road and Keilor Road.
- Recreational Areas: The suburb includes several parks and sports facilities, including the Essendon Cricket Ground and the Moonee Valley Racecourse.
Essentially, Essendon is a highly desirable suburb known for its historic charm, strong community feel, and excellent facilities. Its blend of beautiful homes, top-quality schools, and convenient transport links makes it a top choice for families and professionals seeking a high-quality lifestyle in Melbourne.
