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.

Recent Sales & Auction Results in Elwood

Address Price Type Method Sale Date Agent
Property List
6/109 Addison St, ELWOOD 1 Apartment Auction Sale 09/11/2019 Chisholm & Gamon
10/19 Milton St, ELWOOD 2 Apartment Passed in Vendor Bid 09/11/2019 Chisholm & Gamon
3/19 Avoca Av, ELWOOD 2 Apartment Passed in at Auction 09/11/2019 hockingstuart
10/10 Dickens St, ELWOOD 2 Apartment Auction Sale 09/11/2019 McGrath
5 Foam St, ELWOOD 3 House (Res) Private Sale 04/11/2019 Chisholm & Gamon

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$1.94mil

Metro Melbourne

$830k

Quarterly Price Change

-0.5%

Metro Melbourne

4.5%

Median Rent

$820

Metro Melbourne

$451

Rental Yield

2.3%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.2% 78.3%
Days on Market 42 33
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,290,000 $840,000
3 Bedrooms $1,790,000 $720,000
4 Bedrooms $2,555,000 $852,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $560 $500
3 Bedrooms $835 $430
4 Bedrooms $1,350 $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$715k

Metro Melbourne

$614k

Quarterly Price Change

13.2%

Metro Melbourne

3.9%

Median Rent

$440

Metro Melbourne

$430

Rental Yield

3.5%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.2% 78.3%
Days on Market 42 33
Median price by Bedrooms Suburb Metro
1 Bedroom $411,250 $364,000
2 Bedrooms $656,000 $561,000
3 Bedrooms $1,191,875 $748,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $345 $370
2 Bedrooms $465 $445
3 Bedrooms $695 $530

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