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 3.0% and has experienced a 12-month capital growth of Down -18.0%, 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
$1,472,500
$1,918,000
$3,100,000
$2,000,000
Suburb Market Profile
Last month Elwood had 159 properties available for rent and 102 properties for sale. Median property prices over the last year range from $2,000,000 for houses to $645,000 for units. If you are looking for an investment property, consider houses in Elwood rent out for $1,100 PW with an annual rental yield of 3.0% and units rent for $600 PW with a rental yield of 5.0%. Elwood has seen an annual compound growth rate of -18.0% for houses and 3.2% for units.
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