Market snapshot
Suburb insights for Elsternwick3185
Change suburbElsternwick is located 9 km south-east of the CBD. The suburb has historic residential areas. A train station is located at Elsternwick on the Sandringham line trams and buses run throughout the suburb. A significant commercial area is found along Glen Huntly Road and Napean Highway. the suburb is one of three urban villages in Glen Eira. Elsternwick features the Hopetoun Gardens Harleston Park and the historic mansion Rippon Lea.
Recent sales and auction results in Elsternwick
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| G08/7 Nepean Hwy, Elsternwick |  | Unit | Auction Sale | 20/12/2024 | McGrath | View |
Sales data
Median sale price
$1.7mil
Quarterly price change
-13.3%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Elsternwick | Metro comparison |
|---|---|---|
| 2 | $1,425,000 | $902,000 |
| 3 | $1,800,000 | $807,500 |
| 4 | $2,400,000 | $950,000 |
| Insight | Elsternwick | Metro comparison |
|---|---|---|
| Clearance rate | 85% | 73.3% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$893
Rental yield
2.4%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Elsternwick | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $923 | $550 |
| 4 | - | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.