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Investment Property Elsternwick, VIC, 3185

Suburb Snapshot

Elsternwick is a suburb in the Glen Eira Region of Victoria. Elsternwick has a population of 10,349 people and 32.10% of its occupants live in rental accommodation. The median listing price for houses is $1,800,000 and this has changed -15.30% over the past year and changed 2.85% over 2 years.

The median rent in Elsternwick for houses is $875 per week and the median rental yield is 2.52%. Stock on the market for houses/townhouses has changed -12.50% compared to last year and the average time to sell a house/townhouse is 86 days.The median listing price for units is $600,000 and this has changed 3.44% over the past year. The average unit takes 82 days to sell and the median rent for a unit in Elsternwick is $480 per week, producing a rental yield of 4.16%.

Supply & Demand in Elsternwick, Glen Eira

0.99%

Current vacancy rate


54

Rental stock available


10,349

Population


32.10%

Rental population


1.07%

Current vacancy rate


730

Rental stock available


140,876

Population


30.13%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Elsternwick, Glen Eira

  House Townhouses Units
Median listing price $1,800,000 $1,250,000 $600,000
Median price change - last quarter -2.71% 0.00% 2.56%
Median price change - 1 year -15.30% NA 3.44%
Median price change - 2 years 2.85% 16.27% 0.00%
  House Townhouses Units
Median weekly rent $875 $725 $480
Median yield % 2.52% 3.01% 4.16%
Median rent change - 1 year 2.94% 3.57% 9.09%
  House Units
Previous month sales 5 6
Stock on market previous month 28 53
Stock variance vs. last year -12.50% 0.00%
Average days on market 86 82

Elsternwick investment property listings

Showing 5 of 52 investment properties found in Elsternwick on realestateinvestar.com.au

308/5-7 Nepean Hwy, Elsternwick

$780,000

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Spacious two-level with 2 car parks, residence in the heart of E

Impressive investor yield. Introducing an exceptional investment opportunity that caters to the discerning taste of both investors and professional couples and families. Nestled in the heart of Elsternwick, this two-level north-facing residence is poised to delight with its impressive features. ...

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VIC 3185


205/17 Gordon St, Elsternwick

$850,000

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100sqm In Prime Village Position

Fast Five Where? Positioned on the very edge of vibrant and popular Elsternwick Village, this compelling lifestyle address will redefine the way you live! Simply stroll to cafes, bars, dining options, trains, shopping and Elwood Beach, with the boutique Classic Cinema and Copycat restaurant ...

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VIC 3185


8/20 Victoria St, Elsternwick

$620,000

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Your Dream Home Awaits

Seize this rare opportunity to claim a piece of Elsternwick's finest living. Located directly opposite the gorgeous Hopetoun Garden and just around the corner from public transport and the hustle and bustle of Elsternwick Village. This beautifully renovated apartment offers an inviting entrance ...

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VIC 3185


1001/241 Glen Huntly Rd, Elsternwick

$3,500,000

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Breath-Taking City Skyline and Bay Views with a True Sense of Sp

Spanning the stunning Melbourne city skyline, It's the views that surpass expectations, coupled with the generosity and function of the internal and external living space offered that define the magnificence of this brand new home. With approx. 220m2 of internal living, this home has an array of ...

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VIC 3185


105/241 Glen Huntly Rd, Elsternwick

$1,450,000

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Perfectly Positioned, Three Bedroom Apartment with Sun-drenched

This spacious, sought after first floor 3 bed, 3 bath with 2 parking spaces is perfectly positioned occupying the North Eastern corner of the building. Offering generous proportions throughout, space and storage are plentiful with a floor plan that feels open and purposeful. At approx 146m2 ...

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VIC 3185


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