JR Property

VIC 3184

Elwood

Median $1.9m | 138 sold last year

Thinking of Selling or Leasing in Elwood?
Here's What the Market Is Telling You.

Elwood is one of Melbourne's south-east most sought-after suburbs, and the numbers back it up. With a median house price of $1.9m, 138 properties sold in the last 12 months, and homes moving in just 39 days on market, it's a market that rewards owners who move with confidence and the right team behind them.

For investors and landlords, the rental market tells a similar story. Median weekly rent sits at $1,050, with active demand across 155 rental listings. Whether you're looking to lease your property for the first time or reassess what it's returning, the data is here to help you make a smarter decision.

At JR Property, we specialise in high-quality homes and lifestyle properties across Elwood and the surrounding south-east. We're not interested in volume for the sake of it. We're interested in getting your result right.

Price Guide

Sales Market

$1.9M

Median Price

▼ 10.0% vs last year

39

Days on Market

138

Properties Sold

Last 12 months

191

Active Listings

Rental Market

$1,050/wk

Median Rent

▲ 5.0% vs last year

$3,400/wk

Highest Rent

$490/wk

Lowest Rent

155

Active Listings

Median Sale Price

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Looking to Make a Move?

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