Find out the true potential of your investment property with a same-day rental appraisal.
Situated a mere 8.6kms from the CBD, Essendon is one of the most affluent suburbs in Melbourne’s north-west. With a current population of 20600, the leafy suburb has experienced a 9.3% growth in resident numbers over a five year time frame.
It is popular with growing families, thanks to its proliferation of renowned public and private schools, a vast selection of shopping along Napier Street and Mount Alexander Road, as well as the crowd-pleasing Essendon DFO.
Connections to the city are available via public transport and major road, and residents enjoy bicycle pathways that extend alongside Maribyrnong River. The suburb even has its own airport, primarily servicing regional centres and corporate clients. With council plans in motion to redevelop the iconic Windy Hill reserve into a vibrant community hub — incorporating user-friendly open spaces and opportunities for sporting, social and artistic events — the future of the suburb and its rental prices is bright.
Thanks to its highly diverse population, tenants in Essendon are always on the hunt for a range of rental properties, from one bedroom apartments right up to expansive family homes.
Essendon enjoys a high rental demand year round
On average, Essendon properties possess an excellent level of growth
These appealing market trends have contributed to a growing Essendon sales market.
TTS Real Estate offers a boutique property management service founded upon expert knowledge of the Essendon rental market
To be truly successful as an investor in the Essendon market, it’s imperative to rely on local knowledge and expertise. With a solid presence in the area, TTS Real Estate firmly believe in managing rental properties in the same way as sale properties.
Our property management services include:
This was a modern large 1 bedroom apartment on Pascoe Vale Road. It was on the market for only 9 days and generated 9 inquires, the tenant came through on our Sunday inspection and was approved for the property.
Older style unit, we got professional photos for the property and achieved an extra $30 per week for the landlord. We generated 34 inquires and property was leased in 13 days
Modern apartment with massive courtyard facing the rear of the property. A young couple came through the first inspection and leased it. It was on the market for 5 days and we generated 20 inquiries.
This was a brand new apartment that we leased out in just 5 days. We leased the property after the first inspection in a development where they were at least 30 other apartments up for rent at the same time.
For an in-depth look at where your property sits in the local area, take advantage of our free Essendon rental appraisal by calling or emailing us.
We’ll take the time to thoroughly explain how our specialised landlord services differ from the norm, while learning about your investment goals.
Let us develop a bespoke digital marketing campaign for your investment property, incorporating high quality images and copy writing.
Sit back while we comprehensively vet all applicants, and present you with a shortlist of the most suitable candidates. It’s up to you to then simply take your pick.
Finding the right tenant for your Essendon investment property can be tricky. Let us take the stress and hassle out of the process. Simply fill out the form below to contact us.
In recent years, Rose Street near Essendon train station has undergone a significant revamp. It now boasts a lovely village atmosphere with plenty of popular cafes and shops. Properties in the vicinity are well worth your consideration when looking to invest.
High density off-the-plan apartments don’t offer the best value investment-wise. It’s also good to do your due diligence when it comes to researching street zoning, especially as it pertains to some of Essendon’s most popular schools.
Any infrastructure upgrade is a big lure for new residents and tenants alike. The Essendon railway station and level crossing has recently undergone an extensive upgrade, so it’s likely there will be a substantial amount of growth in the surrounding area. Once again, with so many distinguished schools in Essendon, it’s a good idea to look at properties in close proximity to them.
While many properties in Essendon are on the pricier side, it is still possible to locate bargains. One key area is Essendon West, where you can pick up a quality unit or townhouse at a very good price.