Profile for Elwood

3184

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
4/16 Thackeray St, Elwood 2 Apartment Private Sale 15/04/2019 Chisholm & Gamon

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$2.08mil

Metro Melbourne

$797k

Quarterly Price Change

19.6%

Metro Melbourne

-3.7%

Median Rent

$703

Metro Melbourne

$450

Rental Yield

1.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 41.9% 45.1%
Days on Market 36 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $1,785,000 $733,000
4 Bedrooms $2,627,500 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $620 $490
3 Bedrooms $800 $420
4 Bedrooms n/a $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$625k

Metro Melbourne

$589k

Quarterly Price Change

-1.6%

Metro Melbourne

-1.7%

Median Rent

$425

Metro Melbourne

$420

Rental Yield

3.4%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 41.9% 45.1%
Days on Market 36 42
Median price by Bedrooms Suburb Metro
1 Bedroom $422,000 $370,000
2 Bedrooms $690,000 $571,000
3 Bedrooms $1,197,500 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $340 $370
2 Bedrooms $450 $440
3 Bedrooms $650 $521

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