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Suburb Insights ยท VIC 3041

Essendon Fields 3041, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Essendon Fields is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 13, making it a boutique locality. Located approximately 11 km from the Melbourne CBD, Essendon Fields is a middle ring area in Victoria. The median household income is $64,000 AUD per year (ABS 2021 Census).

Investment Score

53 / 100 Moderate

Household earnings in Essendon Fields are below the state average, which may affect long-term capital growth. The short commute to the city centre is a key demand driver.

Location

Map shows Essendon Fields, Victoria, Australia.

Key Indicators

Postcode
3041

Official Australia Post postcode for Essendon Fields. A postcode may cover multiple suburbs.

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Population
13

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
N/A

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$64,000/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
11 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
N/A

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Essendon Fields's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants.

Investment Strategy

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Buy & Hold

Holding property in Essendon Fields over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Essendon Fields's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

The resale market in Essendon Fields may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Essendon Fields property

Full Property Analysis

30-year projections for Essendon Fields

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Price movement in Essendon Fields is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental market in Essendon Fields should see steady occupancy, with moderate upward pressure on rents. The market mood around Essendon Fields is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Essendon Fields a good suburb for investment?

Essendon Fields is a middle ring area in Victoria with a population of 13. the median household income is $64,000/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Essendon Fields?

Key demand drivers in Essendon Fields include established amenities and transport access. The area has approximately 1 schools and 1 parks nearby.

What is the population of Essendon Fields?

According to the ABS 2021 Census, Essendon Fields has a population of approximately 13. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Essendon Fields from the Melbourne CBD?

Essendon Fields is approximately 11 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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