Hodges Real Estate

Suburb Overview

Elwood – 3184

  • 15,153Population
  • 38Median Age

Suburb Performance Potential - 05/25 Quarter

    Elwood – 3184
    • $2,302,500Median House Price
      (Updated May 2025)
    • -15.50%Quarterly Price Change
    • $643,000Median Unit Price
      (Updated May 2025)
    • 0.98%Quarterly Price Change

    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.

    Sales Snapshot for Elwood – 3184

    • 63.93%Auction Clearance Rate
      Summary Date: 13 Sep 25
    • 58.10%Auctioned Sale Method
      (Last 12 months)
      Summary Date: 13 Sep 25
    • 28 daysMedian days on market
      (Last 12 months)
      From September 25
    • 105Total Sales
      From September 25

    Median SalesFrom properties in proximity to Elwood – 3184

    • Brighton$3,275,000
    • Elwood$2,295,000
    • Elsternwick$1,890,000
    • Ripponlea$1,790,000
    • St Kilda$1,710,000
    • Balaclava$1,365,000
    Get the full picture

    No matter who you are or what your budget, Hodges can help. WIth our wealth of knowledge, connections and cutting edge digital database, let us take the hard work out of your search.

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    Listings for Elwood – 3184

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