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Investment Property Eltham, VIC, 3095

Suburb Snapshot

Eltham is a suburb in the Nillumbik Region of Victoria. Eltham has a population of 18,317 people and 11.44% of its occupants live in rental accommodation. The median listing price for houses is $1,180,000 and this has changed 1.28% over the past year and changed 7.27% over 2 years.

The median rent in Eltham for houses is $660 per week and the median rental yield is 2.90%. Stock on the market for houses/townhouses has changed -11.43% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $700,000 and this has changed 7.69% over the past year. The average unit takes 103 days to sell and the median rent for a unit in Eltham is $500 per week, producing a rental yield of 3.71%.

Supply & Demand in Eltham, Nillumbik

0.30%

Current vacancy rate


22

Rental stock available


18,317

Population


11.44%

Rental population


0.34%

Current vacancy rate


106

Rental stock available


61,276

Population


8.98%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Eltham, Nillumbik

  House Townhouses Units
Median listing price $1,180,000 $860,000 $700,000
Median price change - last quarter 0.00% -2.33% 0.00%
Median price change - 1 year 1.28% 1.77% 7.69%
Median price change - 2 years 7.27% 0.00% 4.47%
  House Townhouses Units
Median weekly rent $660 $630 $500
Median yield % 2.90% 3.80% 3.71%
Median rent change - 1 year -2.23% 3.27% 6.38%
  House Units
Previous month sales 17 2
Stock on market previous month 62 12
Stock variance vs. last year -11.43% -33.33%
Average days on market 56 103

Eltham investment property listings

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