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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 0.00% over the past year and changed -17.25% over 2 years.

The median rent in Elsternwick for houses is $890 per week and the median rental yield is 2.57%. Stock on the market for houses/townhouses has changed -51.52% compared to last year and the average time to sell a house/townhouse is 48 days.The median listing price for units is $690,000 and this has changed 15.00% over the past year. The average unit takes 77 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

1.30%

Current vacancy rate


70

Rental stock available


10,349

Population


32.10%

Rental population


1.14%

Current vacancy rate


790

Rental stock available


140,876

Population


30.13%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,550,000 $690,000
Median price change - last quarter 1.42% 14.05% -0.37%
Median price change - 1 year 0.00% 24.00% 15.00%
Median price change - 2 years -17.25% NA 19.48%
  House Townhouses Units
Median weekly rent $890 $750 $520
Median yield % 2.57% 2.51% 3.91%
Median rent change - 1 year 1.71% 3.44% 8.33%
  House Units
Previous month sales 0 7
Stock on market previous month 16 40
Stock variance vs. last year -51.52% -21.57%
Average days on market 48 77

Elsternwick investment property listings

Showing 5 of 71 investment properties found in Elsternwick on realestateinvestar.com.au

142 Orrong Rd, Elsternwick

$1,525,000

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Brilliant redevelopment opportunity on prime 485m2* (approx) all

Enjoy exceptional lifestyle convenience & outstanding future potential when you secure this prime opportunity in a golden pocket of Elsternwick. Set on approximately 485m2* of perfectly positioned land, this property presents an enticing opportunity to bring your vision of a dream family sanctuary ...

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VIC 3185


3 Elizabeth St, Elsternwick

$2,400,000

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Federation Grandeur on Elsternwick's Most Celebrated Street

Few homes announce themselves quite like this. A superbly presented solid brick Federation residence on 524m2, 3 Elizabeth Street carries its century of history with effortless grace character-filled spaces, exceptional period detail and proportions that simply cannot be replicated. Across a ...

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House

VIC 3185


27 St Georges Rd, Elsternwick

$2,400,000

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THE PINNACLE OF PERIOD ELEGANCE & MODERN FLOW

Heritage Soul. Modern Scale. Zero Effort. Positioned in Elsternwick's prestigious "dress circle," this 4-bedroom residence is a masterclass in sympathetic transformation. Fastidiously updated to bridge the gap between ornate history and contemporary luxury, it offers a high-end family sanctuary ...

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House

VIC 3185


115 Nepean Hwy, Elsternwick

$1,295,000

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Location! Location! Location!

Unbeatable location, the property boasts 4 bedrooms with 2 bathrooms and a powder room. Whisper quite inside with double glazed glass all around. Upstairs main bedroom with BIR plus 2 further bedrooms, all with BIR served by a common updated bathroom. Downstairs two living areas with powder room ...

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VIC 3185


6/23 Seymour Rd, Elsternwick

$870,000

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An iconic residence of rare significance

Set within one of Elsternwick's most picturesque, tree-lined roads, this architecturally significant townhouse delivers a refined lifestyle defined by space, design & thoughtful contemporary updates. Positioned directly opposite Harleston Park & moments from all excellent Elsternwick has to offer, ...

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Townhouse

VIC 3185


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