Essendon and Moonee Ponds are two of Melbourne’s most established north-west suburbs. Both carry strong family demographics, good transport links and consistent capital growth records.
Median Price Comparison
| Metric | Essendon | Moonee Ponds |
|---|---|---|
| Median House Price | $1,420,000 | $1,480,000 |
| Median Unit Price | $580,000 | $610,000 |
| House Yield | 2.2% | 2.1% |
| Unit Yield | 4.0% | 3.8% |
| 5-Year Growth | 34% | 32% |
| GeeVee Score | 7.8/10 | 7.7/10 |
Frequently Asked Questions
Which suburb is better value in 2026?
Essendon offers slightly better value at a $60,000 lower median house price with stronger five-year capital growth (34% vs 32%) and a marginally higher unit yield (4.0% vs 3.8%).
Is the airport redevelopment affecting Essendon prices?
Yes. The proposed Essendon Airport precinct redevelopment is a long-term catalyst that is beginning to attract developer and investor interest to the surrounding streets.
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