Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,120,000 | 0.0% | $370,000 | $2,385,000 | 106 |
| 2010 | $1,340,000 | +16.4% | $315,000 | $4,200,000 | 149 |
| 2011 | $1,180,000 | -13.6% | $1,553 | $3,375,000 | 106 |
| 2012 | $1,250,000 | +5.6% | $505,000 | $3,550,000 | 100 |
| 2013 | $1,299,000 | +3.8% | $535,000 | $4,800,000 | 153 |
| 2014 | $1,400,000 | +7.2% | $740,000 | $6,550,000 | 110 |
| 2015 | $1,600,000 | +12.5% | $916,000 | $5,200,000 | 114 |
| 2016 | $1,855,000 | +13.7% | $950,000 | $5,400,000 | 85 |
| 2017 | $1,900,000 | +2.4% | $570,000 | $4,245,000 | 90 |
| 2018 | $2,055,000 | +7.5% | $917,500 | $4,325,000 | 83 |
| 2019 | $1,900,000 | -8.2% | $1,060,000 | $4,810,000 | 80 |
| 2020 | $2,050,000 | +7.3% | $1,155,000 | $6,820,000 | 90 |
| 2021 | $2,220,000 | +7.7% | $1,195,000 | $9,400,000 | 135 |
| 2022 | $2,600,000 | +14.6% | $981,500 | $10,000,000 | 112 |
| 2023 | $2,255,000 | -15.3% | $1,015,000 | $6,200,000 | 87 |
| 2024 | $2,050,000 | -10.0% | $249,000 | $17,050,000 | 88 |
Median Sale Price
$2.05M
Based on 89 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-10.0%
Current Median Price: $2,050,000
Previous Median Price: $2,255,000
Based on 176 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $690 | 0.0% | $295 | $2,000 | 80 |
| 2012 | $690 | 0.0% | $270 | $2,000 | 106 |
| 2013 | $700 | +1.4% | $185 | $3,085 | 116 |
| 2014 | $700 | 0.0% | $225 | $3,200 | 84 |
| 2015 | $720 | +2.8% | $285 | $2,500 | 148 |
| 2016 | $770 | +6.5% | $165 | $1,800 | 123 |
| 2017 | $820 | +6.1% | $260 | $2,500 | 137 |
| 2018 | $850 | +3.5% | $415 | $2,700 | 125 |
| 2019 | $802 | -6.0% | $370 | $2,200 | 132 |
| 2020 | $800 | -0.3% | $290 | $2,600 | 141 |
| 2021 | $820 | +2.4% | $250 | $3,000 | 94 |
| 2022 | $895 | +8.4% | $5 | $2,500 | 118 |
| 2023 | $995 | +10.1% | $350 | $2,500 | 86 |
| 2024 | $1,095 | +9.1% | $450 | $2,700 | 83 |
Median Rent Price
$1,095
per week
Based on 85 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+13.2%
Current Median Rent: $1,095
Previous Median Rent: $950
Based on 171 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $2,050,000
Current Median rent: $1,095
Based on 174 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Elwood
Houses sold in Last 12 months ends 21 Dec 2024
$2.2M
Median Sale Price
52%
Clearance Rate
29/56
Sold/Reported
$3.51M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $2 M - $3 M (Median Price Range) | 3 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
Similar Suburbs to Elwood 3184
Based on median house sale price sold in last 12 months
Schools closest to Elwood, VIC 3184
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Columba's School | 24 GLENHUNTLY RDElwood 3184 | Primary | Catholic | 0.08 km |
| Elwood College | 101 GLENHUNTLY ROADElwood 3184 | Secondary | Government | 0.27 km |
| Elwood Primary School | SCOTT STREETElwood 3184 | Primary | Government | 0.42 km |
| St Kilda Primary School | 2B BRIGHTON ROADSt Kilda 3182 | Primary | Government | 1.53 km |
| Elsternwick Primary School | MURPHY STREETBrighton 3186 | Primary | Government | 1.73 km |
| Sholem Aleichem CollegeTop 10 | 11 SINCLAIR STElsternwick 3185 | Primary | Independent | 1.67 km |
| Star of the Sea CollegeTop 100 | MARTIN STBRIGHTON 3186 | Secondary | Catholic | 1.99 km |
| Mount Scopus Memorial College (Gandel-Besen House) | 15 MAYFIELD STSt Kilda East 3183 | Primary | Independent | 1.94 km |
| St James' Parish Primary SchoolTop 100 | ST JAMES CLOSEBRIGHTON 3186 | Primary | Catholic | 2.2 km |
| Yeshivah and Beth Rivkah CollegesTop 50 | 92 HOTHAM STREETSt Kilda East 3183 | Combined | Independent | 2.19 km |