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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 $1,775,000 and this has changed -1.39% over the past year and changed -16.48% over 2 years.

The median rent in Elsternwick for houses is $900 per week and the median rental yield is 2.63%. Stock on the market for houses/townhouses has changed -21.43% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $690,000 and this has changed 15.00% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Elsternwick is $520 per week, producing a rental yield of 3.91%.

Supply & Demand in Elsternwick, Glen Eira

1.09%

Current vacancy rate


59

Rental stock available


10,349

Population


32.10%

Rental population


1.11%

Current vacancy rate


764

Rental stock available


140,876

Population


30.13%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,775,000 $1,550,000 $690,000
Median price change - last quarter 1.42% 14.05% -0.37%
Median price change - 1 year -1.39% 24.00% 15.00%
Median price change - 2 years -16.48% NA 18.96%
  House Townhouses Units
Median weekly rent $900 $750 $520
Median yield % 2.63% 2.51% 3.91%
Median rent change - 1 year 2.85% 3.44% 8.33%
  House Units
Previous month sales 9 8
Stock on market previous month 22 39
Stock variance vs. last year -21.43% -26.42%
Average days on market 47 75

Elsternwick investment property listings

Showing 1 of 1 investment properties found in Elsternwick on realestateinvestar.com.au

6 Maysbury Ave, ELSTERNWICK

$1,200,000

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VIC 3185


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