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Investment Property Elwood, VIC, 3184

Suburb Snapshot

Elwood is a suburb in the Port Phillip Region of Victoria. Elwood has a population of 15,550 people and 45.05% of its occupants live in rental accommodation. The median listing price for houses is $2,250,000 and this has changed 1.12% over the past year and changed 2.27% over 2 years.

The median rent in Elwood for houses is $990 per week and the median rental yield is 2.28%. Stock on the market for houses/townhouses has changed 28.85% compared to last year and the average time to sell a house/townhouse is 87 days.The median listing price for units is $630,000 and this has changed 0.80% over the past year. The average unit takes 59 days to sell and the median rent for a unit in Elwood is $520 per week, producing a rental yield of 4.29%.

Supply & Demand in Elwood, Port Phillip

1.33%

Current vacancy rate


126

Rental stock available


15,550

Population


45.05%

Rental population


1.64%

Current vacancy rate


874

Rental stock available


100,866

Population


43.19%

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 Elwood, Port Phillip

  House Townhouses Units
Median listing price $2,250,000 $1,625,000 $630,000
Median price change - last quarter 0.00% -4.48% -0.39%
Median price change - 1 year 1.12% 4.83% 0.80%
Median price change - 2 years 2.27% 6.55% 1.61%
  House Townhouses Units
Median weekly rent $990 $950 $520
Median yield % 2.28% 3.04% 4.29%
Median rent change - 1 year 5.31% 5.55% 5.05%
  House Units
Previous month sales 12 23
Stock on market previous month 67 107
Stock variance vs. last year 28.85% -5.31%
Average days on market 87 59

Elwood investment property listings

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

16/86 Ruskin St, Elwood

$360,000

property pic

Light, leafy and a balcony over the canal

There are plenty of addresses in Elwood, but very few sit directly beside the canal in Poets Corner with the Paul Hester Walk at the door. Named after the local musician and founding member of Crowded House and Split Enz, the trail runs straight to the beach and on a good day, that's exactly where ...

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VIC 3184


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