Elwood, VIC 3184

Elwood, VIC 3184

Compare Part of Port Phillip

7.81 km
Distance from CBD
13 k
Population
Median Sale Price
House
$1.95M
Updated on Aug 2020
2 BR
$1.54M
3 BR
$1.69M
4 BR
$2.65M
Unit
$675K
Updated on Aug 2020
1 BR
$470K
2 BR
$708K
3 BR
$975K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$1,120,000
 0.0% $370,000 $2,385,000 106
2010
$1,335,000
 +16.1% $315,000 $4,200,000 149
2011
$1,180,000
 -13.1% $215,000 $3,375,000 106
2012
$1,250,000
 +5.6% $505,000 $3,550,000 100
2013
$1,299,000
 +3.8% $535,000 $4,800,000 153
2014
$1,400,000
 +7.2% $740,000 $6,550,000 110
2015
$1,600,000
 +12.5% $916,000 $5,200,000 114
2016
$1,830,000
 +12.6% $950,000 $5,400,000 85
2017
$1,895,000
 +3.4% $570,000 $4,245,000 90
2018
$2,055,000
 +7.8% $917,500 $4,325,000 83
2019
$1,825,000
 -12.6% $1,150,000 $3,175,000 80
2020
$1,925,000
 +5.2% $1,250,000 $3,270,000 48
Median Sale Price
$1.71M
Based on 75 recorded sales within the last 12 months
Updated on 22 Sep 2020
Suburb Growth
-9.9%
Current Median Price: $1,710,000
Previous Median Price: $1,880,000
Based on 156 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$700
Updated on Aug 2020
2 BR
$583
3 BR
$800
4 BR
$1,350
Unit
$415
Updated on Aug 2020
1 BR
$330
2 BR
$450
3 BR
$695
4 BR
$1,143
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$690
 0.0% $295 $2,000 80
2012
$690
 0.0% $270 $2,000 106
2013
$700
 +1.4% $185 $3,085 116
2014
$700
 0.0% $225 $3,200 84
2015
$720
 +2.8% $285 $2,500 148
2016
$750
 +4.0% $165 $1,800 123
2017
$820
 +8.5% $260 $2,500 137
2018
$850
 +3.5% $415 $2,700 125
2019
$800
 -6.3% $370 $2,200 131
2020
$800
 0.0% $320 $2,600 94
Median Rent Price
$800
per week
Based on 124 recorded rent within the last 12 months
Updated on 22 Sep 2020
Rent Price Growth
-2.5%
Current Median Rent: $800
Previous Median Rent: $820
Based on 262 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,710,000
Current Median rent: $800
Based on 199 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Elwood

Houses sold in Last 12 months ends 19 Sep 2020

$2.37M

Median Sale Price

72%

Clearance Rate

20/28

Sold/Reported

$3.08M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M
(Median Price Range)		 2
$1.4 M - $1.6 M 3

Schools closest to Elwood, VIC 3184

School name Address Type Sector Distance
St Columba's School 24 GLENHUNTLY RDElwood 3184 Primary Catholic 0.08 km
Elwood College 101 GLENHUNTLY ROADElwood 3184 Secondary Government 0.27 km
Elwood Primary School SCOTT STREETElwood 3184 Primary Government 0.42 km
St Kilda Primary School 2B BRIGHTON ROADSt Kilda 3182 Primary Government 1.53 km
Elsternwick Primary School MURPHY STREETBrighton 3186 Primary Government 1.73 km
Sholem Aleichem CollegeTop 10 11 SINCLAIR STElsternwick 3185 Primary Independent 1.67 km
Star of the Sea CollegeTop 100 MARTIN STBRIGHTON 3186 Secondary Catholic 1.99 km
Mount Scopus Memorial College (Gandel-Besen House) 15 MAYFIELD STSt Kilda East 3183 Primary Independent 1.94 km
St James' Parish Primary SchoolTop 100 ST JAMES CLOSEBRIGHTON 3186 Primary Catholic 2.2 km
Yeshivah and Beth Rivkah CollegesTop 50 92 HOTHAM STREETSt Kilda East 3183 Combined Independent 2.19 km