Real Estate & Finance

Property Report & Market Data In Elwood

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Average Market Value In Elwood

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Elwood's property market is performing strongly, with median house prices exceeding $2 million and steady capital growth. Unit prices remain robust due to demand for premium bayside apartments.

2100000

Median House Price

3.5 %

House Price Growth

660000

Median Unit Price

2.8 %

Unit Price Growth

Sales Trends In Elwood

Stay ahead of the fast-moving sales trends around Elwood

Sales volumes remain resilient post-pandemic, with a slight increase in turnover and higher auction clearance rates, reflecting ongoing buyer confidence.

43

Total Houses Sold

220

Total Units Sold

28

Days On Market (Houses)

4.5

Vendor Discount

Local Population Movement In Elwood

Learn who is moving in and out of Elwood! Is it on the rise or decline?

The suburb attracts young professionals and downsizers from across Melbourne, with high retention rates and some influx of families seeking proximity to the beach and quality amenities.

16000

Population Size In Elwood

0.7

Population Growth In Elwood

30-44

Dominant Age Group InElwood

Couples without children

Household Types In Elwood

Market Decline or Growth Indicators For Elwood

Learn who is moving in and out of Elwood! Is it on the rise or decline?

Elwood's market shows moderate but steady growth, low days on market, and strong auction clearance rates, driven by lifestyle appeal and limited stock.

3.1

Annual Price Growth In Elwood

145

Sales Activity Rate In Elwood

2.5

Average Stock Inventory Time InElwood

Rental Yields and Demand In Elwood

Find out if this is a good investment opportunity buying real estate in and around Elwood

Yields are moderate; strong demand for units bolsters rental returns. Houses attract longer-term tenants with premium rents due to scarce supply.

43

Total Houses Sold

220

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

4.5

Vendor Discount

Affordability and Finance Options For Elwood

Home Loans: Financing Your Dream Home In Elwood. Get Pre-Approved Today.

43

Total Houses Sold

220

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

4.5

Vendor Discount

Lifestyle and Amenities In and Around Elwood

Elwood Lifestyle: Why Live Here

Elwood is a thriving, leafy bayside suburb known for its picturesque beaches, bike paths, village feel with boutique cafes, and proximity to parks and recreational facilities. Residents enjoy an active outdoor lifestyle, supported by vibrant dining, specialty shopping, and excellent public transport.

6

Parks Count

1

Suburb Area

6

Distance To CBD

Property Type Breakdown Elwood

Elwood Properties: Houses vs. Units

43

Total Houses Sold

220

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

4.5

Vendor Discount

Elwood Suburb Information

Elwood Suburb Stats

State: Victoria

City: Melbourne

Population: 16,000

Postcode: 3184

Free Property Appraisal In Elwood

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