Rental market inEssendon VIC 3040
The rental market
Median rent, history and gross-yield calculations for Essendon, VIC 3040.
Current rent
What it costs to rent here right now.
House (median)
$550/wk
Unit (median)
–
3 bedroom
–
2 bedroom
–
1 bedroom
–
Rental data as of September 2025· rental-vic
Investor view
Rental yield versus purchase price.
Median house price
$1,655,000
Median weekly rent
$550/wk
Gross rental yield
1.73%
Gross yield = (weekly rent × 52) ÷ median house price × 100. Does not account for expenses, vacancy, or management fees. Use the rental yield calculator for a net-yield estimate.
History
How rents have moved.
| Period | House median | Unit median |
|---|---|---|
| 2025-Q3 | $550/wk | – |
| 2025-Q3 | $650/wk | $510/wk |
Active listings
Properties for rent in Essendon.
Browse current rental listings.