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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 4 of 4 investment properties found in Elwood on realestateinvestar.com.au

14/400 Barkly St, Elwood

$420,000

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Light Filled Beachside Beauty with Iconic Views

A fabulous and spacious one bedroom apartment, set on the top floor of a classic 1950s blonde brick building, this light filled front residence captures wonderful views of the sea, city skyline and surrounding parklands. Beautifully presented and ready to enjoy, the open plan layout features ...

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VIC 3184


3/211 Brighton Rd, Elwood

$400,000

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Peaceful Lock & Leave Living Filled with Light

Find your Elwood address in the northern sun with this immaculate apartment set right at the rear of a classic low-rise building. A perfect springboard into this premier postcode, this is an opportunity that is sure to seize the attention of both young buyers and first-time investors. Secure from ...

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VIC 3184


101/138 Ormond Rd, Elwood

$790,000

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North-facing 2 Bed + Study with Large Terrace

Rising above the vibrant village, Elwood Lane Apartments present 10 boutique apartments finished to the highest standards - and number 101 with internal size of approximately 82sqm plus balcony which holds a prized street-facing position in this sought-after block. As low maintenance as they come, ...

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Unit

VIC 3184


21 Spray St, Elwood

$0

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Lifestyle Located, Spacious Elwood Living Stroll to the Beach &

Freshly painted throughout, this freestanding family home offers space, style, and an unbeatable lifestyle in one of Elwood's most desirable pocketsjust moments from the beach and the vibrant Ormond Road village. Positioned on a quiet, leafy street and zoned for the highly regarded Elwood Primary ...

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House

VIC 3184


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