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 per year.
Location
Key Indicators
Postcode
3041
Postcode for Essendon Fields, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
13
Usual resident population at the most recent census.
Median weekly rent
N/A
A current median rent has not been published for this suburb.
Median household income
$64,000
Annual median household income (before tax) across all households.
Distance to CBD
11 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
N/A
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
N/A
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Investment Insight
Essendon Fields is a smaller community of 13 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Essendon Fields's median household income of $64,000/year is 33% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. 11 km from Melbourne places Essendon Fields in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Essendon Fields vs Victoria Median
How Essendon Fields stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Essendon Fields sits above the state median; negative means below.
| Metric | Essendon Fields | VIC median | Δ vs state |
|---|---|---|---|
| Population | 13 | 7,416 | -100% |
| Median household income | $64,000/yr | $95,160/yr | -33% |
| Distance to CBD | 11 km | 32 km | -66% |
Investor Checklist
Pre-inspection briefing for Essendon Fields — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 13 residents — 0% of the VIC suburb median (7,416).
- Purchasing power: median household income $64,000/year (-33% vs Victoria suburb median of $95,160).
- Gross rental income: verify via realestate.com.au — median rent data was not captured for this suburb.
- CBD access: 11 km straight-line from Melbourne (state suburb median 32 km).
- Home mix: the housing-type split was not captured — verify on the ground.
- Rate stress-test: model your cash flow with rates 1–2 percentage points above current to ensure the investment survives a tightening cycle.
- Tenant rent burden: rent-to-income data not available — verify against state rental tribunal dashboards.
Investment Strategy
Limited buy-and-hold upside: a small population of 13 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Median rental data was not captured for Essendon Fields. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.
With a population of 13, the resale market in Essendon Fields may not reliably reward cosmetic renovations — a longer hold is typically a better strategy at this scale, letting land-value appreciation do the work instead.
Risk Factors
- Interest-rate movements are the dominant macro risk for Essendon Fields — model cash flow with a 1–2 percentage-point buffer above current rates to ensure the investment survives a tightening cycle.
- Income vulnerability: household incomes in Essendon Fields are 33% below the Victoria median ($64,000 vs $95,160), which tends to compress rent growth and increases exposure to local unemployment shocks.
- Liquidity risk: with 13 residents, Essendon Fields has a thinner pool of buyers and tenants than larger suburbs. Expect longer days-on-market on resale and budget for potential vacancy gaps between tenancies.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Essendon Fields regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Essendon Fields with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
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Start your first-home journey →2026 Outlook
Capital-growth expectations for Essendon Fields are modest for 2026 — incomes 33% below the VIC median of $95,160 and a population of 13 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Essendon Fields. Overall investor sentiment for Essendon Fields is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.
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Frequently Asked Questions
Is Essendon Fields a good suburb for investment?
Whether Essendon Fields suits you depends on your strategy, but the fundamentals are concrete: a population of 13, a median household income of $64,000/year. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Essendon Fields?
The main demand drivers in Essendon Fields are proximity to Melbourne (11 km), a median household income of $64,000/year. Together these shape both owner-occupier and tenant demand.
What is the population of Essendon Fields?
Essendon Fields has a usual resident population of approximately 13, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Essendon Fields from the Melbourne CBD?
Essendon Fields sits 11 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
What is the median rent in Essendon Fields?
A reliable median rent was not captured for Essendon Fields. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.
What is the typical mortgage repayment in Essendon Fields?
A reliable median mortgage figure was not captured for Essendon Fields. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.
Is Essendon Fields cash-flow positive for investors?
Census data was not complete enough in Essendon Fields to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.
What are the main risks of investing in Essendon Fields?
The main risks are a thin buyer pool (13 residents), interest-rate sensitivity, below-median household incomes ($64,000 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Essendon Fields profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.