Essendon West, VIC

Postcode 3040  ·  Gov Data

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Median Price

$1,165,000

-7.9% this year

Median Rent

$450/wk

$23,400/yr

Gross Yield

2.01%

Below average

Recent Sales

0

last 24 months

Demographics (ABS 2021)

Population
1,559
Median HH Income
$121,576/yr
Median Age
39
Renter %
42%
Owner-Occupied %
58%
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Investment Snapshot

20% Deposit

$233,000

Monthly Mortgage (6.24%)

$6,478

Annual Rental Income

$23,400

Annual Mortgage Cost

$77,736

Estimates only. Assumes 30yr P&I loan, 6.24% rate, 80% LVR. Use full calculator →

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Price data from NSW Valuer General (VIC sales records). Demographics from ABS 2021 Census. Data is for general information only and does not constitute financial advice.