Essendon vs Moonee Ponds

Moonee Ponds (median $1,500,000) is roughly 9% cheaper to buy into than Essendon ($1,655,000).

Buying in Essendon or Moonee Ponds?

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Essendon and Moonee Ponds side by side

MeasureEssendonMoonee Ponds
Price and market
Median house$1,655,000$1,500,000
Median unit$530,000$545,000
Renting
House rent$650/wk$750/wk
Unit rent$510/wk$550/wk
Owner occupied62.0%59.0%
Renter occupied36.0%39.0%
Schools
Schools nearby2020
Average ICSEA11091103
Lifestyle and people
Walk score64100
Transit score100100
Bike score100100
Population21,24016,224
Median age3938
Climate
Annual rainfall550 mm550 mm
Mean max, January27.0°C27.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Moonee Ponds scores higher on walkability (64/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Essendon (1109) sits above Moonee Ponds (1103).

For buyers
Moonee Ponds is the lower entry point at $1,500,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Moonee Ponds offers the higher gross rental yield (2.60% vs 2.04%), favouring cash-flow investors.
For families
Essendon edges out on average school ICSEA (1109 vs 1103).

Essendon vs Moonee Ponds: common questions

Is Essendon or Moonee Ponds cheaper to buy in?

Moonee Ponds has the lower median house price at $1,500,000, roughly 9% below Essendon ($1,655,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Essendon or Moonee Ponds have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Essendon scores 1109 vs 1103 in Moonee Ponds. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Essendon or Moonee Ponds?

Moonee Ponds scores 100/100 on walkability vs 64/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Essendon or Moonee Ponds?

Gross rental yield on houses is 2.60% in Moonee Ponds vs 2.04% in Essendon. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.