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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 7.14% over the past year and changed 2.27% over 2 years.

The median rent in Elwood for houses is $970 per week and the median rental yield is 2.24%. Stock on the market for houses/townhouses has changed 12.96% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $647,500 and this has changed 7.91% over the past year. The average unit takes 68 days to sell and the median rent for a unit in Elwood is $515 per week, producing a rental yield of 4.13%.

Supply & Demand in Elwood, Port Phillip

1.31%

Current vacancy rate


124

Rental stock available


15,550

Population


45.05%

Rental population


1.61%

Current vacancy rate


855

Rental stock available


100,866

Population


43.19%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,600,000 $647,500
Median price change - last quarter 0.00% -4.48% -0.39%
Median price change - 1 year 7.14% 1.10% 7.91%
Median price change - 2 years 2.27% 3.22% 4.43%
  House Townhouses Units
Median weekly rent $970 $945 $515
Median yield % 2.24% 3.07% 4.13%
Median rent change - 1 year 3.19% 5.58% 4.04%
  House Units
Previous month sales 10 19
Stock on market previous month 61 104
Stock variance vs. last year 12.96% -9.57%
Average days on market 84 68

Elwood investment property listings

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

78 Dickens St, ELWOOD

$2,300,000

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VIC 3184


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