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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 $2,100,000 and this has changed -4.55% over the past year and changed 0.00% over 2 years.

The median rent in Elwood for houses is $940 per week and the median rental yield is 2.32%. 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 65 days.The median listing price for units is $600,000 and this has changed -3.23% over the past year. The average unit takes 72 days to sell and the median rent for a unit in Elwood is $495 per week, producing a rental yield of 4.29%.

Supply & Demand in Elwood, Port Phillip

1.50%

Current vacancy rate


142

Rental stock available


15,550

Population


45.05%

Rental population


1.59%

Current vacancy rate


826

Rental stock available


100,866

Population


43.19%

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 Elwood, Port Phillip

  House Townhouses Units
Median listing price $2,100,000 $1,582,500 $600,000
Median price change - last quarter -4.55% 0.47% 0.00%
Median price change - 1 year -4.55% 2.09% -3.23%
Median price change - 2 years 0.00% 8.39% -7.70%
  House Townhouses Units
Median weekly rent $940 $895 $495
Median yield % 2.32% 2.94% 4.29%
Median rent change - 1 year 5.02% 10.49% 15.11%
  House Units
Previous month sales 9 15
Stock on market previous month 54 115
Stock variance vs. last year 12.50% 16.16%
Average days on market 65 72

Elwood investment property listings

Showing 5 of 96 investment properties found in Elwood on realestateinvestar.com.au

4/173 Glen Huntly Rd, ELWOOD

$700,000

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VIC 3184


65 Ruskin St, ELWOOD

$2,900,000

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VIC 3184


8/18-20 Selwyn Ave, ELWOOD

$490,000

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VIC 3184


1/102 Bdwy, ELWOOD

$670,000

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VIC 3184


1/161 Brighton Rd, Elwood

$620,000

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Spacious Ground-Floor Gem, Sensational Lifestyle

With a boutique solid-brick block of just six, this apartment enjoys a spacious ground-floor setting enhanced by tranquil garden aspects, well-appointed interiors and a location ensuring brilliant proximity to transport, gardens, Ripponlea Village and the seaside. - Living room warmed and ...

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VIC 3184


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