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 3.1% and has experienced a 12-month capital growth of Up 11.9%, with a median house buy price of $2,120,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,477,500
$1,902,500
$2,236,000
$2,120,000
Suburb Market Profile
Last month Elsternwick had 51 properties available for rent and 55 properties for sale. Median property prices over the last year range from $2,120,000 for houses to $650,500 for units. If you are looking for an investment property, consider houses in Elsternwick rent out for $945 PW with an annual rental yield of 3.1% and units rent for $595 PW with a rental yield of 4.9%. Elsternwick has seen an annual compound growth rate of 11.9% for houses and -1.7% for units.
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