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
53 Ruskin St, Elwood 3 House (Res) Private Sale 05/10/2019 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%

Detailed statistics below to be updated soon for the September 2019 quarter.

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 n/a $845,000
3 Bedrooms $1,700,000 $720,000
4 Bedrooms $2,625,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $555 $500
3 Bedrooms $760 $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%

Detailed statistics below to be updated soon for the September 2019 quarter.

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 $411,000 $364,500
2 Bedrooms $650,500 $560,000
3 Bedrooms $1,218,500 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $370
2 Bedrooms $465 $445
3 Bedrooms $650 $530

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