Profile for Elwood

3184

A bayside suburb Elwood is 8 km south of Melbourne the neighbourhood is known for its leafy streets and suburban character. Elwood has a significant stock of flats and apartments from the turn of the century onwards. The neighbourhood is one of the more densely settled within the City of Port Phillip. Visitors and locals are drawn to the beach and the cafes and restaurants in local shopping strips including Ormond Road centres. The eastern part of the neighbourhood is served by Ripponlea station on the Sandringham rail line. Other notable physical features include Point Ormond.

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Recent Sales & Auction Results in Elwood

Address Price Type Method Sale Date Agent
Property List
4/173 Glen Huntly Rd, Elwood 2 Apartment Sold Before Auction 18/05/2024 ATRIA REAL ESTATE
88 Mitford St, Elwood 4 House (Res) Passed in Vendor Bid 18/05/2024 Chisholm & Gamon
13/18 Scott St, Elwood 1 Apartment Private Sale 14/05/2024 Chisholm & Gamon
12/151 Glen Huntly Rd, Elwood 1 Studio Apartment Sold Before Auction 03/05/2024 Gary Peer & Associates
7/2A Tiuna Gr, Elwood 2 Unit Private Sale 26/04/2024 Chisholm & Gamon
49 Byron St, Elwood 3 House (Res) Passed in Vendor Bid 18/05/2024 Chisholm & Gamon
4/35 Docker St, Elwood 2 Unit Sold Before Auction 16/05/2024 Marshall White
65 Ruskin St, Elwood 4 House (Res) Sold Before Auction 15/05/2024 Buxton
1/201 Ormond Rd, Elwood 2 Apartment Sold Before Auction 30/04/2024 Belle Property St Kilda
25C Thackeray St, Elwood 3 Townhouse (Res) Private Sale 06/04/2024 Chisholm & Gamon

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$2.78m

Metro Melbourne

$929k

Quarterly Price Change

23.1%

Metro Melbourne

2%

Median Rent

$950

Metro Melbourne

$550

Rental Yield

2.2%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 58.8% 75.3%
Days on Market 37 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,400,000 $920,000
3 Bedrooms $1,850,000 $810,000
4 Bedrooms $2,797,500 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $785 $550
3 Bedrooms $995 $520
4 Bedrooms $1,500 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$639k

Metro Melbourne

$635k

Quarterly Price Change

-11.3%

Metro Melbourne

0.3%

Median Rent

$525

Metro Melbourne

$520

Rental Yield

4%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 58.8% 75.3%
Days on Market 37 40
Median price by Bedrooms Suburb Metro
1 Bedroom $410,000 $370,000
2 Bedrooms $730,000 $600,000
3 Bedrooms $1,217,500 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $420 $450
2 Bedrooms $575 $540
3 Bedrooms $845 $620

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