ELWOOD 3184
State: VICPosiProp AI Investment Summary
ELWOOD (VIC 3184) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 0.5%, with a median house buy price of $2,190,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,580,000
$1,937,500
$2,950,000
$2,190,000
Suburb Market Profile
Last month Elwood had 109 properties available for rent and 156 properties for sale. Median property prices over the last year range from $2,190,000 for houses to $646,000 for units. If you are looking for an investment property, consider houses in Elwood rent out for $1,090 PW with an annual rental yield of 2.8% and units rent for $585 PW with a rental yield of 5.0%. Elwood has seen an annual compound growth rate of 0.5% for houses and 0.2% for units.