Elwood is Melbourne's most coveted beachside inner suburb — a suburb of beautiful Federation and Art Deco homes curving along the foreshore of Port Phillip Bay where Elwood Beach's 1km of sand, the Elwood Canal running through a leafy linear park, Ormond Road's outstanding village strip, and immediate access to St Kilda's entertainment district create a lifestyle of extraordinary daily richness. Elwood's beach-village-city triumvirate delivers consistently strong capital growth from families and professionals who value having it all. At the current $1.8m median house price, an 80% loan at 6.25% over 30 years is about $8,866 per month.
| Median house price | $1,800,000 |
|---|---|
| Median unit price | $800,000 |
| Estimated monthly repayment | $8,866 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 3.2% |
| Typical days on market | 18 |
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