Suburb Location

Market Indexes of Elwood

  • $2,390,000 Median Asking Price
  • $883 Median Rent
  • 0.02% Rent Yield
  • 125 Stock On Sale
  • 2.01% Vacancy Rate
  • 67 Average Supply
  • 8708 Average Demand
  • 129.97 Supply Demand Ratio

Demographics of Elwood

Dwelling Structure

Separate house1301
Semi-detached768
Unit/apartment4674
Other29

Occupied/unoccupied

Occupied6772
Unoccupied903

Persons

Males7033
Females7605

Tenure and Landlord Type

Owned outright1219
Owned with a mortgage1652
Rented3663
Public housing83
Other156

Medians and Averages

Median total household income1714 $/week
Median mortgage repayment2200 $/month
Median rent350 $/week
Average household size1.9
Persons14638
Total private dwellings7675

Supply Demand History in Elwood

MonthSupplyDemand
2015 Apr7711144
2015 May759354
2015 Jun637705
2015 Jul668844
2015 Aug759589
2015 Sep749974
2015 Oct10410624
2015 Nov1119462
2015 Dec695530
2016 Jan627506
2016 Feb809463
2016 Mar698090
2016 Apr649945

More Properties Sold in Elwood

AddressSold DatePrice
3/48 Milton Street, Elwood VIC 2 1 1 20 Apr 2024$540,000
3/16 Avoca Avenue, Elwood VIC 2 1 1 20 Apr 2024$685,000
1B May Street, Elwood VIC 2 3 1 18 Apr 2024$0
1/45 Ruskin Street, Elwood VIC 2 1 1 18 Apr 2024$0
71 Ruskin Street, Elwood VIC - - - 18 Apr 2024$0

More Properties Rent in Elwood

AddressRent DatePrice
7/62 Foam Street, Elwood VIC 3 1 - 21 Mar 2024$750
14/2 Selwyn Avenue, Elwood VIC 2 1 1 21 Mar 2024$500
12/57 Mitford Street, Elwood VIC 2 1 1 21 Mar 2024$575
5/97 Spray Street, Elwood VIC 2 1 1 21 Mar 2024$525
3B Vautier Street, Elwood VIC 3 2 1 20 Mar 2024$1,000

Rent Yield in Elwood

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$428,632$4395.33%$400,000$4235.50%124
2$827,768$6323.97%$700,000$6004.46%282
3$1,660,226$1,0623.33%$1,600,000$9953.23%82
4$3,293,849$1,7772.81%$3,050,000$1,7002.90%25
5$3,200,000--$3,200,000--2
6$3,300,000--$3,300,000--1
7$2,600,000--$2,600,000--1
8$3,100,000--$3,100,000--1
House
2$1,400,000$8263.07%$1,387,500$8503.19%9
3$2,222,000$1,1212.62%$1,841,500$1,1353.20%30
4$3,889,813$1,7582.35%$3,225,000$1,6752.70%12
5$3,200,000--$3,200,000--2
6$3,300,000--$3,300,000--1
Unit/apmt
1$442,864$4715.53%$405,000$4605.91%67
2$809,145$6364.09%$730,000$6004.27%167
3$1,068,000$8574.17%$830,000$8355.23%17
Townhouse
2$1,687,500$8282.55%$1,687,500$8602.65%8
3$1,445,000$1,2034.33%$1,445,000$1,2504.50%7
4$1,850,000$1,8985.33%$1,850,000$2,3006.46%4
Other
1-$368--$368-2
2-$488--$450-3
Unknown
1$409,063$4055.15%$400,000$3955.14%55
2$759,821$5914.04%$660,000$5804.57%95
3$1,234,000$1,1034.65%$1,400,000$9903.68%28
4$2,989,286$1,6502.87%$3,100,000$1,6502.77%9
7$2,600,000--$2,600,000--1
8$3,100,000--$3,100,000--1

Schools in Elwood

School NameSchool SectorSchool Type
Elwood CollegeNon-governmentSecondary
Elwood Primary SchoolNon-governmentPrimary
St Columba's SchoolNon-governmentPrimary
Yesodei Hatorah CollegeNon-governmentCombined

Based on Australian Bureau of Statistics data