Elsternwick 3185
Market analysis for investment properties in Elsternwick
Median Price
$2,110,000
Trend:Accelerating
+8.0%
Median Rent
$875/pw
Trend:Decelerating
-5.9%
Rental Yield
2.16%
Trend:Decelerating
-12.9%
Median DoM
25 Days
Trend:Decelerating
-70.9%
Market Analysis
Why investors are watching Elsternwick right now.
In Elsternwick, the shopping scene is vibrant, with the popular Elsternwick Village offering a mix of retail stores, boutiques, and dining options to cater to various tastes and preferences.
There are several reputable primary and secondary schools in the area, including Elwood College and St Joseph's Primary School, providing families with quality education options nearby.
Transport connectivity is convenient, with Elsternwick Station connecting residents to Melbourne's CBD via the Sandringham train line. Additionally, several bus routes run through the suburb, providing further accessibility to surrounding areas.
Residents of Elsternwick can enjoy the surrounding greenery at local parks such as Elsternwick Park and Hopetoun Gardens, offering opportunities for leisurely walks, picnics, and recreational activities in a tranquil environment.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
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See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Elsternwick often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Elsternwick be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Elsternwick, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
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Investment Insights & FAQ
Frequently asked questions about the Elsternwick property market in 2026.
As of March 2026, the Elsternwick property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 8.04% and units have grown by 6.21%. These figures reflect the evolving demand within Glen Eira, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Elsternwick range from $2,110,000 for houses to $701,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Glen Eira region.
For investors targeting cash flow, houses rent for $875 /pw with a 2.16% yield, while units rent for $585 /pw with a 4.34% yield. This rental performance is a key indicator of strong tenant demand within the Elsternwick area.
Market Insights Last Updated: March 2026