ELSTERNWICK 3185
State: VICPosiProp AI Investment Summary
ELSTERNWICK (VIC 3185) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.6% and has experienced a 12-month capital growth of Up 2.6%, with a median house buy price of $2,000,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,602,500
$1,800,000
$2,625,000
$2,000,000
Suburb Market Profile
Last month Elsternwick had 40 properties available for rent and 63 properties for sale. Median property prices over the last year range from $2,000,000 for houses to $668,000 for units. If you are looking for an investment property, consider houses in Elsternwick rent out for $938 PW with an annual rental yield of 2.6% and units rent for $580 PW with a rental yield of 4.4%. Elsternwick has seen an annual compound growth rate of 2.6% for houses and -3.2% for units.