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Area profile

Elwood

VIC 3184

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Area profile

Elwood

VIC 3184

Advantage: 10/10Education: 10/10Resources: 4/10

Nearby suburbs

  • Brighton Road
  • Melbourne
  • South Wharf
  • St Kilda Road Central
  • Southbank
  • St Kilda
  • St Kilda South
  • South Melbourne
  • South Melbourne Dc
  • Albert Park
Combined Median

$669K

1.2%
House Median

$2.11M

Apartment Median

$580K

Active Listings

N/A

Months of Supply

N/A

Median DOM

31 days

5 observed sales · stable for 14 days · through Sept 2026

Price Trends

September 2026 – October 2026: sale records are still arriving, so these faded bars are incomplete and their prices are not plotted yet.

Trailing three-month mean across priced sales. Each point combines that month and the previous two; windows with fewer than five priced sales remain blank.

Days on Market

Observed from qualified active listings to stable market outcomes.

Rolling three completed months · exact observed dates · n under 5 is marked as a small sample in the tooltip

Rental Market

Median Rent

$575/wk

54.4% YoY

Gross Yield

4.5%

The Elwood market right now

The Elwood property market presents a median sale price of $685,000, reflecting a significant decrease of 32.5% compared to the same month in the previous year. Within this, houses achieved a median of $2,735,000, while apartments and units recorded a median of $587,500. Eighteen sales were recorded in the latest month.

Generated from Addie market data · August 2026

Asking-price drift (still listed)

Preliminary

$0

Median · 56 open campaigns · 0.0%

Some exclusion reasons are unavailable in this published sample · all campaign dates are inferred from observations; exact dates may differ

Open campaigns can still change; this figure is provisional.

Last asking price → sold

+$20,000

Median · 20 completed campaigns · 3.1%

Some exclusion reasons are unavailable in this published sample · all sale dates are inferred from observations; exact dates may differ

First asking price → sold

+$10,000

Median · 140 completed campaigns · 1.8% · Port Phillip (SA3)

Showing Port Phillip (SA3) because Elwood has only 15 completed campaigns (needs 20).

Some exclusion reasons are unavailable in this published sample · all sale dates are inferred from observations; exact dates may differ

Updated 8 Nov · build 220 · price policy v3 · figures need at least 20 campaigns

Listings

2/100 Glen Huntly Road, Elwood - Image 1
+10
1 / 15
APARTMENT$400,000 - $440,000

2/100 Glen Huntly Road

1 bed1 bath1 car
JellisCraig First 2/135-137 Ormond Esplanade, Elwood - Image 1
HOUSEPrice on request

JellisCraig First 2/135-137 Ormond Esplanade

3 bed2 bath2 car
1/21-23 Tiuna Grove, Elwood - Image 1
+12
1 / 17
APARTMENTPrice on request

1/21-23 Tiuna Grove

3 bed1 bath2 car522 m²
101/73 Tennyson Street, Elwood - Image 1
+10
1 / 15
APARTMENTPrice on request

101/73 Tennyson Street

3 bed2 bath2 car263 m²
6/10 Vautier Street, Elwood - Image 1
+7
1 / 12
OTHER$650,000 - $715,000

6/10 Vautier Street

2 bed1 bath1 car
141 Mitford Street, Elwood - Image 1
+9
1 / 14
HOUSEPrice on request

141 Mitford Street

3 bed1 bath1 car263 m²
3/2 Avoca Avenue, Elwood - Image 1
+8
1 / 13
APARTMENT$700,000 - $750,000

3/2 Avoca Avenue

2 bed1 bath1 car
2/85 Marine Parade, Elwood - Image 1
+12
1 / 17
HOUSEPrice on request

2/85 Marine Parade

8 bed3 bath2 car415 m²
2/130 Mitford Street, Elwood - Image 1
+6
1 / 11
APARTMENTPrice on request

2/130 Mitford Street

2 bed1 bath1 car58 m²
1/17 Hennessy Avenue, Elwood - Image 1
+9
1 / 14
APARTMENTPrice on request

1/17 Hennessy Avenue

2 bed1 bath81 m²
8 Shelley Street, Elwood - Image 1
+1
1 / 6
HOUSE$1,650,000-$1,750,000

8 Shelley Street

3 bed1 bath1 car
8 Shelley Street, Elwood - Image 1
+1
1 / 6
HOUSE$1,650,000-$1,750,000

8 Shelley Street

3 bed1 bath1 car
1 Clarke Street, Elwood - Image 1
+11
1 / 16
HOUSEPrice on request

1 Clarke Street

5 bed2 bath2 car445 m²
93 Spray Street, Elwood - Image 1
+7
1 / 12
HOUSEPrice on request

93 Spray Street

3 bed1 bath263 m²
8/33 Pine Avenue, Elwood - Image 1
+2
1 / 7
APARTMENT$700,000

8/33 Pine Avenue

2 bed1 bath1 car
4 McCrae Street, Elwood - Image 1
+8
1 / 13
HOUSEPrice on request

4 McCrae Street

2 bed1 bath1 car260 m²
126 Mitford Street, Elwood - Image 1
+8
1 / 13
HOUSE$1,250,000-$1,350,000

126 Mitford Street

3 bed1 bath1 car288 m²
1 McCrae Street, Elwood - Image 1
+6
1 / 11
HOUSE$2,200,000 - $2,400,000

1 McCrae Street

3 bed2 bath257 m²
34 John Street, Elwood - Image 1
+6
1 / 11
VILLA$1,400,000 - $1,450,000

34 John Street

2 bed1 bath0 car226 m²
4/59-61 Ormond Esplanade, Elwood - Image 1
+5
1 / 10
TOWNHOUSE$1,200,000 - $1,300,000

4/59-61 Ormond Esplanade

3 bed2 bath1 car
1/445 St Kilda Street, Elwood - Image 1
+5
1 / 10
APARTMENT$680,000 - $715,000

1/445 St Kilda Street

2 bed1 bath1 car
6/127 Glen Huntly Road, Elwood - Image 1
+7
1 / 12
APARTMENTPrice on request

6/127 Glen Huntly Road

2 bed1 bath1 car65 m²
14 Hennessy Avenue, Elwood - Image 1
+12
1 / 17
HOUSE$11M

14 Hennessy Avenue

15 bed15 bath5 car2,751 m²
Expressions of interest
67 Milton Street, Elwood - Image 1
+18
1 / 23
HOUSEPrivate Sale: $3,500,000-$3,800,000

67 Milton Street

4 bed3 bath1 car518 m²

Showing 24 of 159

Top Agents

AgentAgencySalesAvg PriceContact
Sam GamonChisholm & Gamon Property Elwood174$1.2M
David SeeberBuxton143$843K
Torsten KasperChisholm & Gamon Property Elwood133$1.4M
Zoe CherrieBuxton92$978K
Natalie McAseyBuxton58$662K
Nicole PrimeMcGrath57$910K
Kaine LanyonMarshall White57$1.7M
Matthew GrimaMarshall White55$543K
Matthew YoungBuxton46$703K
Alicia WalkerREA Group43$782K—

Neighbourhood Profile

Economy

Unemployment4.0%
Median Income$74,342
Businesses1,683

Safety

Moderate, per resident, among VIC suburbs

5,336 incidents a year per 100,000 residents

Recorded incidents878

12 months to Sep 2025 · Crime Statistics Agency

Liveability

Walkability89/100
Transit97/100
Amenities96/100

Environment

Flood Risk0% of properties
Bushfire Risk0% of properties