Real Estate Appraisal Essendon VIC 3040
How much is my home worth in Essendon?
The median price for a house in Essendon is $1,751,250 as of July 2024. A median-priced unit is $543,000.
There have been 166 houses and 277 units sold in the last year.
The 12-month capital growth is -1.5% on houses and 0.6% on units.
House prices and rent returns in Essendon.
- 2 bedroom home $1,088,000, Rent per week $570
- 3 bedroom home $1,610,000, Rent per week $690
- 4 bedroom home $1,905,000, Rent per week $950
Unit prices and rent returns in Essendon.
- 1 bedroom unit $344,000, Rent per week $385
- 2 bedroom unit $545,000, Rent per week $490
- 3 bedroom unit $901,500, Rent per week $605
The Essendon gross rental yield for houses is 2.9% and for units, it is 5.6%.
Free Real Estate Appraisal Essendon
Selling your house in Essendon? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Essendon
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Essendon
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Essendon home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Essendon?
- Recent property sales history in the Essendon district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property