FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Essendon North, Victoria 6.7 out of 10 (Workhorse Investment) as of May 2026.
Essendon North presents a reliable investment opportunity just 10km from Melbourne's CBD, characterized by critically low supply and a vacancy rate of just 1.2%. This structural demand-supply imbalance underpins steady capital growth and strong rental income, appealing to a professional tenant base seeking inner-ring proximity.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
9 of 12 signals locked — unlock the full model read for A$25
Unlock 9 signals — A$25 →FairSquare's model rates Essendon North, Victoria 6.7 out of 10 (Workhorse Investment) as of May 2026. Essendon North presents a reliable investment opportunity just 10km from Melbourne's CBD, characterized by critically low supply and a vacancy rate of just 1.2%. This structural demand-supply imbalance underpins steady capital growth and strong rental income, appealing to a professional tenant base seeking inner-ring proximity.
The median house price in Essendon North, VIC is $1.56M. Weekly rent of $912 against a 3.0% gross yield underpins this figure.
Essendon North has a gross rental yield of 3.0%, with a median weekly rent of $912. 12-month price growth is tracking at +7.0%.
Based on its market signals, Essendon North aligns with: Defensive Hold.