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Suburb Insights · VIC 3041

Essendon Fields, VIC 3041 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Melbourne
Essendon Fields
Victoria · 3041
11 km from Melbourne CBD
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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 the most recent census.

Median weekly rent
N/A

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$64,000/yr

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.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

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.

MetricEssendon FieldsVIC medianΔ vs state
Population137,416-100%
Median household income$64,000/yr$95,160/yr-33%
Distance to CBD11 km32 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.

Investment Strategy

Buy & Hold

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.

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Rental Yield

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.

Renovation / Flip

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

Run the numbers on a Essendon Fields property

Full Property Analysis

30-year projections for Essendon Fields

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

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. The EquitySight investment score of 53/100 places Essendon Fields in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Essendon Fields a good suburb for investment?

Essendon Fields scores 53/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 13, median household income of $64,000/year. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific 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, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

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

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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