Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,000,000 | 0.0% | $490,000 | $2,310,000 | 102 |
| 2010 | $1,280,000 | +21.9% | $306,000 | $3,740,000 | 132 |
| 2011 | $1,100,000 | -16.4% | $340,000 | $3,000,000 | 103 |
| 2012 | $1,100,500 | 0.0% | $489,000 | $3,050,000 | 115 |
| 2013 | $1,300,000 | +15.3% | $145,000 | $5,675,000 | 178 |
| 2014 | $1,260,000 | -3.2% | $564,000 | $3,000,000 | 114 |
| 2015 | $1,530,000 | +17.6% | $801,000 | $3,200,000 | 107 |
| 2016 | $1,638,000 | +6.6% | $895,000 | $4,859,000 | 75 |
| 2017 | $2,000,000 | +18.1% | $852,500 | $4,027,500 | 93 |
| 2018 | $1,950,000 | -2.6% | $1,060,000 | $3,590,000 | 93 |
| 2019 | $1,930,000 | -1.0% | $935,000 | $3,946,500 | 70 |
| 2020 | $1,900,000 | -1.6% | $635,000 | $7,400,000 | 56 |
| 2021 | $2,195,000 | +13.4% | $850,000 | $6,013,000 | 86 |
| 2022 | $2,070,000 | -6.0% | $1,230,000 | $7,500,000 | 88 |
| 2023 | $2,130,000 | +2.8% | $854,000 | $5,200,000 | 64 |
| 2024 | $1,830,000 | -16.4% | $1,125,000 | $4,450,000 | 86 |
| 2025 | - | - | - | - | - |
Median Sale Price
$1.83M
Based on 86 recorded sales within the last 12 months
Updated on 6 Jan 2025
Suburb Growth
-16.4%
Current Median Price: $1,830,000
Previous Median Price: $2,130,000
Based on 150 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $595 | 0.0% | $230 | $1,400 | 63 |
| 2012 | $640 | +7.0% | $280 | $1,900 | 74 |
| 2013 | $580 | -10.3% | $200 | $1,750 | 86 |
| 2014 | $600 | +3.3% | $300 | $1,500 | 63 |
| 2015 | $680 | +11.8% | $315 | $1,850 | 82 |
| 2016 | $710 | +4.2% | $390 | $1,600 | 74 |
| 2017 | $760 | +6.6% | $285 | $2,000 | 92 |
| 2018 | $795 | +4.4% | $310 | $1,650 | 83 |
| 2019 | $750 | -6.0% | $275 | $2,850 | 74 |
| 2020 | $750 | 0.0% | $420 | $2,250 | 72 |
| 2021 | $790 | +5.1% | $365 | $2,750 | 71 |
| 2022 | $820 | +3.7% | $298 | $1,850 | 68 |
| 2023 | $895 | +8.4% | $445 | $2,500 | 78 |
| 2024 | $875 | -2.3% | $500 | $1,750 | 67 |
| 2025 | - | - | - | - | - |
Median Rent Price
$890
per week
Based on 66 recorded rent within the last 12 months
Updated on 6 Jan 2025
Rent Price Growth
0.0%
Current Median Rent: $890
Previous Median Rent: $890
Based on 145 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $1,830,000
Current Median rent: $890
Based on 152 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Elsternwick
Houses sold in Last 12 months ends 4 Jan 2025
$1.23M
Median Sale Price
63%
Clearance Rate
18/29
Sold/Reported
$2.25M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 2 | |
Similar Suburbs to Elsternwick 3185
Based on median house sale price sold in last 12 months
Schools closest to Elsternwick, VIC 3185
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's SchoolTop 100 | 28 SANDHAM STElsternwick 3185 | Primary | Catholic | 0.25 km |
| Sholem Aleichem CollegeTop 10 | 11 SINCLAIR STElsternwick 3185 | Primary | Independent | 0.35 km |
| Adass Israel School | 10 KING STElsternwick 3185 | Combined | Independent | 0.38 km |
| Adass Israel School | 10 KING STElsternwick 3185 | Combined | Independent | 0.38 km |
| Leibler Yavneh CollegeTop 10 | 2 NAGLE AVEElsternwick 3185 | Combined | Independent | 0.92 km |
| Caulfield Grammar SchoolTop 50 | 217 GLEN EIRA ROADSt Kilda East 3183 | Combined | Independent | 1 km |
| Elsternwick Primary School | MURPHY STREETBrighton 3186 | Primary | Government | 0.92 km |
| Ripponlea Primary School | 25 CARRINGTON GROVESt Kilda East 3183 | Primary | Government | 1.12 km |
| Shelford Girls' GrammarTop 10 | 3 HOOD CRESCaulfield 3161 | Combined | Independent | 1.04 km |
| Mount Scopus Memorial College (Gandel-Besen House) | 15 MAYFIELD STSt Kilda East 3183 | Primary | Independent | 1.2 km |