VIC/
Elwood

Suburb Profile

Elwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3184

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.84% growth over a ten-year period. It ranks 944th on our list of suburbs that property investors should look into.

ELWOOD, 3184 has a capital gain of -0.8% for the past year, which is lower than average compared to its 51.11% growth within a five-year period.

With the median home price in ELWOOD sitting at $1,700,000, and the average rent at $762.5, property owners could potentially earn a 2.33% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ELWOOD are low, as opposed to average gains per annum over the past five years.

ELWOOD, 3184 in VIC belongs to the local government area of Port Phillip.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,700,000 $610,000
GROWTH REPORT
Median Quarterly -2.86% 0.62%
Median 12 month -0.8% -1.13%
Median 3 years 34.81% 4.27%
Median 5 years 51.11% 18.45%
10 years average annual 6.84% 4.05%
Weekly media advert. rent $762.5 $410
Time on Market 79.7 days 51.2 days
Gross Rental Yield Percent 2.33% 3.5%
demographics (median values)
Total Population
13782
Weekly Household Income
1217
Household Size
1.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories