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Suburb Profiles

How Much is My Home Worth in Elsternwick?

Admin24 August 2026

Real Estate Appraisal Elsternwick VIC 3185

The median price for a house in Elsternwick is $2,100,000 as of August 24, 2026. A median-priced unit is $651,750. If you're searching for an investment property, Elsternwick homes rent for $945 PW, which is a 3.0% annual rental return, and apartments rent for $595 PW, which is a 4.8% annual rental yield. Elsternwick has seen a 10.5% annual compound growth rate for apartments and -2.5% for homes.

Click Here For a Suburb Profile and Market Report For Elsternwick

House prices and rent returns in Elsternwick.

  • 2 bedroom home $1,477,000 Rent per week $730
  • 3 bedroom home $1,916,000 Rent per week $938
  • 4 bedroom home $2,300,000 Rent per week $1,300

Unit prices and rent returns in Elsternwick.

  • 1 bedroom unit $401,000 Rent per week $470
  • 2 bedroom unit $647,500 Rent per week $600
  • 3 bedroom unit $1,237,000 Rent per week $898

It takes on average 18 days to sell a house and 15 days to sell a unit.

Free Real Estate Appraisal Elsternwick

Selling your house in Elsternwick? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Elsternwick

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3500 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.

Wesley College Big Band Elsternwick

https://www.youtube.com/watch?v=Rttoh8Ma7T8


Elsternwick Enquiry


Lifestyle in Elsternwick
Elsternwick is located 9 kilometres south-east of Melbourne. Its neighbouring suburbs include Gardenvale, Elwood and Balaclava. The population is just over 10,000. For activity you can play golf on the Elsternwick 9 hole facility. Transport include the Elsternwick Train Station on the Sandringham railway line. There are many little cafes and shops and the Elsternwick Hotel. Or, you may want to spend time at the famous Rippon Lea house and gardens.
Schools in Elsternwick
There are 4 schools in Elsternwick.

  • Adass Israel School Boys
  • Sholem Aleichem College Co-educational
  • St Joseph’s School Co-educational
  • Wesley College Co-educational

Elsternwick Real Estate Agent Contact Details.

Robert Eierweis
Director of the Brighton Office
Phone: 03 9088 8888
Mobile: 0413 779 604
Email Here

Recently Sold Property in Elsternwick

Please browse our list of recent home sales.

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Real Estate Appraisal Elsternwick Vic 3185 | OBrien