Auction Times
Sat 2 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 9/10 Scott Street 1 1 1 Apartment | 11:00 AM Sat 2nd Jul | Whiting & Co Real Estate |
 | 2 Spray Street 3 1 0 House | 11:30 AM Sat 2nd Jul | The Agency Hawthorn |
 | 4/41 Byron Street 2 1 1 Apartment | 3:00 PM Sat 2nd Jul | Buxton |
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 6/58 Byron Street 1 1 1 Apartment | 10:00 AM Sat 9th Jul | Biggin & Scott |
 | 2/511 St Kilda Street 2 2 1 Townhouse | 10:30 AM Sat 9th Jul | Hocking Stuart |
 | 11 Wave Street 3 2 2 House | 11:00 AM Sat 9th Jul | Biggin & Scott |
 | 11/26-28 Broadway 2 2 1 Apartment | 11:30 AM Sat 9th Jul | Hodges |
 | 4/107 Addison Street 2 1 1 Apartment | 12:00 PM Sat 9th Jul | Chisholm & Gamon |
Median Sale Price
House
$2.3M
Updated on May 2022
2 BR $1.45M | 3 BR $2.2M | 4 BR $2.96M |
Unit
$713K
Updated on May 2022
1 BR $469K | 2 BR $736K | 3 BR $1.39M |
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 | $1,340,000 | +16.4% | $315,000 | $4,200,000 | 149 |
| 2011 | $1,180,000 | -13.6% | $1,553 | $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 | $1,900,000 | +3.7% | $570,000 | $4,245,000 | 90 |
| 2018 | $2,055,000 | +7.5% | $917,500 | $4,325,000 | 83 |
| 2019 | $1,900,000 | -8.2% | $1,060,000 | $4,810,000 | 80 |
| 2020 | $2,050,000 | +7.3% | $1,155,000 | $6,820,000 | 90 |
| 2021 | $2,217,500 | +7.6% | $1,195,000 | $9,400,000 | 132 |
| 2022 | $2,980,000 | +25.6% | $1,400,000 | $4,400,000 | 55 |
Median Sale Price
$2.5M
Based on 122 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+17.7%
Current Median Price: $2,500,000
Previous Median Price: $2,056,500
Based on 239 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$893
Updated on May 2022
2 BR $650 | 3 BR $900 | 4 BR $1,300 |
Unit
$400
Updated on May 2022
1 BR $315 | 2 BR $450 | 3 BR $672 | 4 BR $950 |
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 | $770 | +6.5% | $165 | $1,800 | 123 |
| 2017 | $820 | +6.1% | $260 | $2,500 | 137 |
| 2018 | $850 | +3.5% | $415 | $2,700 | 125 |
| 2019 | $802 | -6.0% | $370 | $2,200 | 132 |
| 2020 | $800 | -0.3% | $290 | $2,600 | 140 |
| 2021 | $820 | +2.4% | $250 | $3,000 | 94 |
| 2022 | $895 | +8.4% | $310 | $2,200 | 49 |
Median Rent Price
$895
per week
Based on 97 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+5.0%
Current Median Rent: $895
Previous Median Rent: $850
Based on 204 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $2,500,000
Current Median rent: $895
Based on 219 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Elwood
Houses sold in Last 12 months ends 25 Jun 2022
$2.53M
Median Sale Price
75%
Clearance Rate
39/52
Sold/Reported
$4.4M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 3 | |
| $2 M - $3 M (Median Price Range) | 6 | |
| $1.8 M - $2 M | 1 | |
Similar Suburbs to Elwood 3184
Based on median house sale price sold in last 12 months
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 |