Elwood

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Elwood is a relaxed bayside suburb located approximately 8 km south of the CBD, known for its coastal lifestyle, Art Deco architecture, and village charm. It offers residents leafy streets, beach access, bike trails, and a strong sense of community, with cafes and grocers clustered along Ormond Road. Elwood is especially popular among families, professionals, and downsizers who value proximity to the beach and a quieter pace near the city.

Offices servicing Elwood

Jellis Craig Jellis Craig

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Your Elwood real estate experts

The Jellis Craig Elwood real estate team are trusted and highly experienced sales agents that have a reputation for achieving exceptional results for buyers, sellers, and investors. If you are looking to buy, sell or lease a property in Elwood, we can provide you with expert advice and assist you in achieving your property goals.

If you are considering selling, your first question would be “What is my home worth?”. The Jellis Craig Elwood specialists, have an in-depth knowledge of the suburb and trends that affect property values in Elwood. Your team of local are experts can provide you with an estimate of the value of your property by conducting a property appraisal.

Our Elwood team also has an expert Property Management division that specialises in leasing property in Elwood quickly and to high quality tenants. If you would like to know the rental return that you can expect on your property as a landlord, we can also provide you with a rental appraisal and assist you in finding the ideal tenant.

View current properties for sale in Elwood and browse recent sold results to see what houses in Elwood are selling for. If you would like to know more about buying, selling, and leasing, or would like to know the value of your property in the current market, contact our Elwood experts today.

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Sales snapshot

Elwood sales snapshot


Key facts and figures to know before selling

Sale method Info * Updated daily for the past 12 months

Auction clearance rate Info * Updated daily for the past quarter

71.79%

Median days on market Info * Updated daily for the past quarter

24 days

Average hold period Info * Updated quarterly for the past 12 months

7.6 years

Property prices

Median house price

Median Info * Updated quarterly for the past 12 months

$2.29m

Quarterly price change Price change Info * Updated quarterly for the past 12 months

-2.34%

Median unit price

Median Info * Updated quarterly for the past 12 months

$650k

Quarterly price change Price change Info * Updated quarterly for the past 12 months

-2.98%

Quarterly price change Info * Updated quarterly for the past 12 months

Houses    Units

Suburb Report

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A reliable snapshot of the property market in Elwood.

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Schools

Sholem Aleichem College

11 Sinclair St Elsternwick

0.3km

Caulfield Grammar School

217 Glen Eira Road St Kilda East

0.4km

St Joseph's School

28 Sandham Street Elsternwick

0.5km

Ripponlea Primary School

25 Carrington Grove St Kilda East

0.7km

Elwood Primary School

Scott St Elwood

0.8km

Adass Israel School

10-12 King Street Elsternwick

0.9km

Shelford Girls' Grammar

3 Hood Crescent Caulfield

1.0km

Beth Rivkah Ladies College

14-20 Balaclava Road St Kilda East

1.2km

Agents servicing Elwood