Hodges Real Estate

Suburb Overview

Elwood – 3184

  • 15,153Population
  • 38Median Age

Suburb Performance Potential - 08/24 Quarter

    Elwood – 3184
    • $1,862,500Median House Price
      (Updated Aug 2024)
    • -23.35%Quarterly Price Change
    • $647,500Median Unit Price
      (Updated Aug 2024)
    • -7.50%Quarterly Price Change

    A bayside suburb Elwood is 8 km south of Melbourne the neighbourhood is known for its leafy streets and suburban character. Elwood has a significant stock of flats and apartments from the turn of the century onwards. The neighbourhood is one of the more densely settled within the City of Port Phillip. Visitors and locals are drawn to the beach and the cafes and restaurants in local shopping strips including Ormond Road centres. The eastern part of the neighbourhood is served by Ripponlea station on the Sandringham rail line. Other notable physical features include Point Ormond.

    Sales Snapshot for Elwood – 3184

    • 59.68%Auction Clearance Rate
      Summary Date: 22 Dec 24
    • 67.39%Auctioned Sale Method
      (Last 12 months)
      Summary Date: 22 Dec 24
    • 25 daysMedian days on market
      (Last 12 months)
      From December 24
    • 92Total Sales
      From December 24

    Median SalesFrom properties in proximity to Elwood – 3184

    • Brighton$3,405,500
    • Elwood$2,390,000
    • Elsternwick$1,860,000
    • Ripponlea$1,820,000
    • St Kilda$1,544,000
    • Balaclava$1,377,500
    Get the full picture

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    Listings for Elwood – 3184

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