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
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FLAT 803, 18 MCCOMBIE ST, ELSTERNWICK, VIC, 3185 |  1 |
 1 |
 1 |
$399,000 |
|
|
FLAT 1, 23 SANDHAM ST, ELSTERNWICK, VIC, 3185 | 10 |
|
Private Sale $4,590,000 | |
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FLAT 402, 18 MCCOMBIE ST, ELSTERNWICK, VIC, 3185 | 1 |
1 |
1 |
385000 |
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FLAT 29, 2 GORDON ST, ELSTERNWICK, VIC, 3185 | 2 |
1 |
1 |
$550,000 - $600,000 |
|
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49 VICTORIA ST, ELSTERNWICK, VIC, 3185 | 4 |
1 |
2 |
$1,800,000 - $1,980,000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
| Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
| Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
| Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
| May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
| Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
| Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
| Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
| Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
| Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
| Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
| Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 48: Foster Street - Less than 1 KM
Stop 48: Foster Street - Less than 1 KM
Stop 47: Shoobra Road - Less than 1 KM
Stop 47: Shoobra Road - Less than 1 KM
Stop 46: Orrong Road - Less than 1 KM
Stop 46: Orrong Road - Less than 1 KM
Stop 45: Elsternwick Shopping Centre - Less than 1 KM
Stop 45: Elsternwick Shopping Centre - Less than 1 KM
Stop 44: Elsternwick Station - Less than 1 KM
Stop 44: Elsternwick Station - Less than 1 KM
General Points of Interest
Como Centre - Less than 10 KM
Admiral Creswell Memorial - Less than 5 KM
Sandringham Golf Course - Less than 10 KM
William C.F. Almeida - Less than 10 KM
Melbourne Cricket Ground - Less than 10 KM
The Cricketer's Bell - Less than 10 KM
McKinnon Obelisk - Less than 5 KM
Olympia Gymnasium - Less than 10 KM
Centenary Bridge Pillar - Less than 10 KM
Malvern Valley Public Golf Course - Less than 10 KM
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