Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 64 Addison Street 3 1 1 House | 10:30 AM Sat 23rd Nov | Marshall White |
 | 8/41 Scott Street 2 1 1 Apartment | 10:30 AM Sat 23rd Nov | Woodards |
 | 4 Lawson Street 3 1 0 House | 11:00 AM Sat 23rd Nov | Nick Johnstone Real Estate |
 | Penthouse 302/35 Ormond Road 2 2 3 Apartment | 11:30 AM Sat 23rd Nov | Saint & Wood |
 | 1/107 Addison Street 3 2 2 Apartment | 2:00 PM Sat 23rd Nov | Chisholm & Gamon |
Tue 26 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 84 Tennyson Street 4 3 2 House | 7:00 PM Tue 26th Nov | Chisholm & Gamon |
Thu 28 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 2/37 Ormond Esplanade 2 2 2 Apartment | 7:00 PM Thu 28th Nov | Marshall White One |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 30A Wave Street 4 3 1 House | 10:30 AM Sat 30th Nov | Hocking Stuart |
 | 2/6a Southey Street 3 1 1 Apartment | 11:00 AM Sat 30th Nov | Buxton |
 | 1 Bayview Street 4 2 2 House | 11:00 AM Sat 30th Nov | Greg Hocking Real Estate |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,975,000 | -14.2% | $249,000 | $17,050,000 | 76 |
Median Sale Price
$2.05M
Based on 88 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-7.3%
Current Median Price: $2,050,000
Previous Median Price: $2,200,000
Based on 174 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,000 | +0.5% | $450 | $2,700 | 71 |
Median Rent Price
$1,095
per week
Based on 80 recorded rent within the last 12 months
Updated on 21 Nov 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 168 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Elwood
Houses sold in Last 12 months ends 16 Nov 2024
$2.2M
Median Sale Price
54%
Clearance Rate
29/54
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 |