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Home/Luxury Home Price Drops/Melbourne East & Bayside/Essendon

7 luxury homes got cheaper in Essendon, VIC 3040

Track active premium market corrections and real-time capital value reductions across Essendon VIC 3040.

7
2
Active drops
7
2 rises
Median drop
-7.8%
Average 8.8%
Biggest $ drop
-$500K
2.02/1009 Mt Alexander Road, Essendon, Vic 3040
Avg DOM
N/A

Top 7 Luxury Home Price Drops in Essendon, VIC

2X1/16d ago
2.02/1009 Mt Alexander Road, Essendon, Vic 3040
APARTMENT222
-$500K$2.2M $1.7M
22.7%
2X1/16d ago
4.01/1009 Mt Alexander Road, Essendon, Vic 3040
APARTMENT322
-$300K$2.85M $2.55M
10.5%
17d ago
35 Leslie Road, Essendon VIC 3040
HOUSE535580m²
-$300K$3.3M $3M
9.1%
2X1/16d ago
G.02/1009 Mt Alexander Road, Essendon, Vic 3040
APARTMENT322
-$250K$3.2M $2.95M
7.8%
2X1/16d ago
2.05/1009 Mt Alexander Road, Essendon, Essendon, Vic 3040
APARTMENT222
-$200K$2.95M $2.75M
6.8%

Prices drop every day

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25d ago
31A Gilbertson Street, Essendon VIC 3040
HOUSE444427m²
-$100K$3M $2.9M
3.3%
2X1/16mo ago
106 McCracken Street, Essendon VIC 3040
HOUSE436
-$50K$3.4M $3.35M
1.5%
6d ago
2.02/1009 Mt Alexander Road, Essendon, Vic 3040DOM: 1462X1/1
APARTMENT222
-$500K
$2.2M $1.7M
22.7%
6d ago
4.01/1009 Mt Alexander Road, Essendon, Vic 3040DOM: 1462X1/1
APARTMENT322
-$300K
$2.85M $2.55M
10.5%
17d ago
35 Leslie Road, Essendon VIC 3040DOM: 35
HOUSE535580m²
-$300K
$3.3M $3M
9.1%
6d ago
G.02/1009 Mt Alexander Road, Essendon, Vic 3040DOM: 1172X1/1
APARTMENT322
-$250K
$3.2M $2.95M
7.8%
6d ago
2.05/1009 Mt Alexander Road, Essendon, Essendon, Vic 3040DOM: 1462X1/1
APARTMENT222
-$200K
$2.95M $2.75M
6.8%

Prices drop every day

Be the first to know when a home you want gets cheaper

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25d ago
31A Gilbertson Street, Essendon VIC 3040DOM: 116
HOUSE444427m²
-$100K
$3M $2.9M
3.3%
6mo ago
106 McCracken Street, Essendon VIC 3040DOM: 1872X1/1
HOUSE436
-$50K
$3.4M $3.35M
1.5%
7 drops2 rises
Active drops
7
2 rises
Median drop
-7.8%
Average 8.8%
Biggest $ drop
-$500K
2.02/1009 Mt Alexander Road, Essendon, Vic 3040
Avg DOM
N/A

Top 7 Luxury Home Price Drops in Essendon, VIC

2X1/16d ago
2.02/1009 Mt Alexander Road, Essendon, Vic 3040
APARTMENT222
-$500K$2.2M $1.7M
22.7%
2X1/16d ago
4.01/1009 Mt Alexander Road, Essendon, Vic 3040
APARTMENT322
-$300K$2.85M $2.55M
10.5%
17d ago
35 Leslie Road, Essendon VIC 3040
HOUSE535580m²
-$300K$3.3M $3M
9.1%
2X1/16d ago
G.02/1009 Mt Alexander Road, Essendon, Vic 3040
APARTMENT322
-$250K$3.2M $2.95M
7.8%
2X1/16d ago
2.05/1009 Mt Alexander Road, Essendon, Essendon, Vic 3040
APARTMENT222
-$200K$2.95M $2.75M
6.8%

Prices drop every day

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25d ago
31A Gilbertson Street, Essendon VIC 3040
HOUSE444427m²
-$100K$3M $2.9M
3.3%
2X1/16mo ago
106 McCracken Street, Essendon VIC 3040
HOUSE436
-$50K$3.4M $3.35M
1.5%
6d ago
2.02/1009 Mt Alexander Road, Essendon, Vic 3040DOM: 1462X1/1
APARTMENT222
-$500K
$2.2M $1.7M
22.7%
6d ago
4.01/1009 Mt Alexander Road, Essendon, Vic 3040DOM: 1462X1/1
APARTMENT322
-$300K
$2.85M $2.55M
10.5%
17d ago
35 Leslie Road, Essendon VIC 3040DOM: 35
HOUSE535580m²
-$300K
$3.3M $3M
9.1%
6d ago
G.02/1009 Mt Alexander Road, Essendon, Vic 3040DOM: 1172X1/1
APARTMENT322
-$250K
$3.2M $2.95M
7.8%
6d ago
2.05/1009 Mt Alexander Road, Essendon, Essendon, Vic 3040DOM: 1462X1/1
APARTMENT222
-$200K
$2.95M $2.75M
6.8%

Prices drop every day

Be the first to know when a home you want gets cheaper

Join the hive
25d ago
31A Gilbertson Street, Essendon VIC 3040DOM: 116
HOUSE444427m²
-$100K
$3M $2.9M
3.3%
6mo ago
106 McCracken Street, Essendon VIC 3040DOM: 1872X1/1
HOUSE436
-$50K
$3.4M $3.35M
1.5%

Essendon Luxury Real Estate Performance & Data

Finding an entry point or investment value in the high-end market requires clear data visibility. This automated dashboard monitors Essendon listings that have experienced major drops from their initial asking prices. Whether you are hunting for architectural family estates, high-end downsizer layouts, or premier investment assets, we filter the local market to show you exactly where vendors are becoming highly motivated.

A price reduction is a clear indicator of shifting market dynamics. Properties sitting on the market for extended periods give buyers a distinct negotiation advantage. Use our data to monitor structural features—like homes featuring private lifts, waterfront views, or multi-car garaging—to see which premium categories are seeing the most significant adjustments.

Other suburbs in Melbourne East & Bayside

  • Brighton 318630
  • Kew 310122
  • Toorak 314220
  • Balwyn North 310416
  • Camberwell 312413
  • Balwyn 310312
  • South Yarra 314111
  • Brighton East 31878
  • Malvern 31448
  • Essendon 30408
  • Glen Waverley 31508
  • Hawthorn East 31238
  • Templestowe 31067
  • Canterbury 31267
  • Beaumaris 31937
  • Melbourne 30007
  • Sandringham 31916
  • Hawthorn 31226
  • Doncaster 31086
  • Mont Albert 31274
  • St Kilda 31824
  • Black Rock 31934
  • Surrey Hills 31273
  • Armadale 31433
  • Ivanhoe 30793
  • Aspendale 31953
  • Melbourne 30043
  • Park Orchards 31143
  • Donvale 31112
  • Mentone 31942
  • Murrumbeena 31632
  • Brunswick 30562
  • Kew East 31022
  • Maribyrnong 30321
  • Templestowe Lower 31071
  • Williamstown 30161
  • Bulleen 31051
  • Deepdene 31031
  • Wonga Park 31151
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Melbourne East & Bayside Luxury Home Price Drops by Suburb

  • Brighton 318630
  • Kew 310122
  • Toorak 314220
  • Balwyn North 310416
  • Camberwell 312413
  • Balwyn 310312
  • South Yarra 314111
  • Brighton East 31878
  • Malvern 31448
  • Essendon 30408
  • Glen Waverley 31508
  • Hawthorn East 31238
  • Templestowe 31067
  • Canterbury 31267
  • Beaumaris 31937
  • Melbourne 30007
  • Sandringham 31916
  • Hawthorn 31226
  • Doncaster 31086
  • Mont Albert 31274
  • St Kilda 31824
  • Black Rock 31934
  • Surrey Hills 31273
  • Armadale 31433
  • Ivanhoe 30793
  • Aspendale 31953
  • Melbourne 30043
  • Park Orchards 31143
  • Donvale 31112
  • Mentone 31942
  • Murrumbeena 31632
  • Brunswick 30562
  • Kew East 31022
  • Maribyrnong 30321
  • Templestowe Lower 31071
  • Williamstown 30161
  • Bulleen 31051
  • Deepdene 31031
  • Wonga Park 31151

Essendon Luxury Real Estate Performance & Data

Finding an entry point or investment value in the high-end market requires clear data visibility. This automated dashboard monitors Essendon listings that have experienced major drops from their initial asking prices. Whether you are hunting for architectural family estates, high-end downsizer layouts, or premier investment assets, we filter the local market to show you exactly where vendors are becoming highly motivated.

A price reduction is a clear indicator of shifting market dynamics. Properties sitting on the market for extended periods give buyers a distinct negotiation advantage. Use our data to monitor structural features—like homes featuring private lifts, waterfront views, or multi-car garaging—to see which premium categories are seeing the most significant adjustments.

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