Profile for Elwood

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Elwood is located 8 km south of the CBD. Located along Port Phillip Bay in Melbourne's inner south Elwood is one of the most densely settled suburbs in Melbourne at just under 5000 persons per square kilometre. The suburb also has many small households with almost half comprised of just one person. The area also has a high proportion of medium and high density dwellings the majority of which are one and two bedrooms in size. The suburb also features Elwood Beach Elwood Canal and the Point Ormond Reserve.

Recent Sales & Auction Results in Elwood

Address Price Type Method Sale Date Agent
Property List
6/31 Beach Av, Elwood 2 Apartment Auction Sale 16/09/2017 Buxton
7/14 Broadway , Elwood 2 Apartment Passed in Vendor Bid 16/09/2017 Chisholm & Gamon
11 Joyce St, Elwood 3 House (Res) Passed in Vendor Bid 16/09/2017 Marshall White & Co
G06/2 Kingsley St, Elwood 3 Apartment Passed in Vendor Bid 16/09/2017 hockingstuart
15 Thackeray St, Elwood 3 House (Res) Passed in at Auction 16/09/2017 Marshall White & Co
9 Mason St, Elwood 3 House (Res) Private Sale 13/09/2017 Marshall White & Co
2/138 Mitford St, Elwood 2 Townhouse (Res) Passed in at Auction 16/09/2017 McGrath St Kilda
101 Ruskin St, Elwood 3 House (Res) Auction Sale 16/09/2017 Marshall White & Co
43 Tennyson St, Elwood 4 House (Res) Auction Sale 16/09/2017 Abercromby's RE

Median Sale Price

$2.01mil

Metro Melbourne

$822k

Quarterly Price Change

20.2%

Metro Melbourne

2.9%

Median Rent

$724

Metro Melbourne

$420

Rental Yield

2.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 74.1% 75.6%
Days on Market 27 29
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,246,000 $860,500
3 Bedrooms $1,615,000 $697,250
4 Bedrooms $2,630,000 $806,200

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $633 $430
3 Bedrooms $879 $400
4 Bedrooms n/a $451

Median Sale Price

$655k

Metro Melbourne

$607k

Quarterly Price Change

10.0%

Metro Melbourne

4.3%

Median Rent

$401

Metro Melbourne

$305

Rental Yield

3.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 74.1% 75.6%
Days on Market 27 29
Median price by Bedrooms Suburb Metro
1 Bedroom $430,500 $362,500
2 Bedrooms $670,000 $539,000
3 Bedrooms $1,115,000 $730,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $320 $350
2 Bedrooms $430 $420
3 Bedrooms $598 $500

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