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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


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 $2,250,000 $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 5 of 189 investment properties found in Elwood on realestateinvestar.com.au

53 Ormond Esp, Elwood

$2,500,000

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Beachfront Marvel with Glistening Bay Views Huge Home Office

A contemporary indulgence of sweeping bay views over the foreshore parkland, this sensational 3 bedroom + study/ huge home office (direct access to garage), 3.5 bathroom town residence is a stand out on Elwood's Golden Mile. Welcomed by a sandstone paved tropical garden courtyard, this tri level ...

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VIC 3184


105/60-62 Bdwy, Elwood

$560,000

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Love the Lifestyle, Live in the Sun...See the Value

Shining with north sun, luxe finishes and a fresh new face, this is arguably Elwood's best value. Cleverly configured with a virtual dual-suite design, this two bedroom, two bathroom, boutique apartment catches vast all-day sun across open-plan living and an entertainers' balcony...and uses a ...

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Unit

VIC 3184


5/10 Avoca Ave, Elwood

$870,000

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Spacious, Designer Style & a Premium Lifestyle Location

Delightfully spacious (95sqm approx.) and effortlessly stylish, this fully renovated 23 bedroom first-floor security apartment delivers an exceptional level of quality and design. Positioned behind a striking mid-century façade, this immaculate residence is a light-filled sanctuary where classic ...

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Unit

VIC 3184


2/70 Glen Huntly Rd, Elwood

$750,000

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Over-sized period gem with two outdoor areas

Private and secure with a sunny northerly frontage and two separate outdoor areas, this beautifully appointed two-bedroom apartment boasts a coveted ground-floor position within "Corunna" a classic mansion-style building of just four period residences. Set under high ceilings, with light-filled ...

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Unit

VIC 3184


1/68 Spray St, Elwood

$3,700,000

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Ground Floor Luxury with Private Lap Pool

EOI Close Mon 1st June at 5pm. A private sanctuary in the heart of Elwood - one of only two residences, complete with its own pool, lift access, basement parking + self contained basement zone with kitchenette. Could this be Elwood's most exclusive apartment offering? Born from an inspired ...

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Townhouse

VIC 3184


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