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Elsternwick
VIC, 3185 - Glen Eira

Thinking about buying in Elsternwick? Now could not be a better time, with 7199 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,057,000 with prices in this suburb ranging from $288,000 to $20,362,000. Elsternwick is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $459.78
Median Monthly Mortgage $2638.48
Median Persons Per Bedroom 0.88
Average Household Size 2.39
Average Age 40.13
Average Income $1214.26
Average Cars Per Dwelling 1.55
Average Properties Within 50M 51

Housing Stock

Average Property Prices

1 Bed  $1,522,000
2 Bed  $1,802,000
3 Bed  $2,716,000
4 Bed  $3,695,000
5 Bed  $5,136,000
6 Bed+$5,371,000

Elsternwick Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Elsternwick ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Elsternwick classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Elsternwick to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Elsternwick

Belle Property UNIT 1, 25 SANDHAM ST, ELSTERNWICK, VIC, 3185 Beds4 Bathrooms2 Parking 2 $4,900,000 - $5,390,000
Belle Property UNIT 3, 16 ST GEORGES RD, ELSTERNWICK, VIC, 3185 Beds3 Bathrooms2 Parking 1 $1,000,000 - $1,100,000
Belle Property FLAT 3, 76 ORRONG RD, ELSTERNWICK, VIC, 3185 Beds2 Bathrooms1 Parking 1 $600,000 - $660,000
Buxton 232 GLEN EIRA RD, ELSTERNWICK, VIC, 3185 Beds4 Bathrooms1 Parking 2 Vendor taking offers
Buxton FLAT 5, 23 TREVELYAN ST, ELSTERNWICK, VIC, 3185 Beds3 Bathrooms1 Parking 1 $785,000
Ray White FLAT 105, 18 MCCOMBIE ST, ELSTERNWICK, VIC, 3185 Beds1 Bathrooms1 Parking 1 373100
The Agency 16 ACACIA ST, ELSTERNWICK, VIC, 3185 Beds4 Bathrooms3 Parking 4 21st April at 12:30pm
Woodards APARTMENT 309, 242 GLEN HUNTLY RD, ELSTERNWICK, VIC, 3185 Beds2 Bathrooms1 Parking 2 $600,000 - $625,000

Local Schools

St Joseph's School

Adass Israel School

Leibler Yavneh College

Sholem Aleichem College

Caulfield Grammar School

Shelford Girls' Grammar

Ripponlea Primary School

Elsternwick Primary School

Caulfield Primary School

Japanese School of Melbourne

(While the above schools are located with the suburb of Elsternwick there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Elsternwick weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

RipponleaGardenvaleCaulfieldCaulfield SouthElwoodCaulfield NorthBalaclavaSt Kilda EastBrightonGlen Huntly

Public Transport


General Points of Interest

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