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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Elwood, the median property price for a house is currently 1,930,000 with annual capital growth of -13.45 . There were 115 house sales in the past 12 months. On average, houses spend 36 days on market.
If you're thinking about buying an investment property in Elwood, consider that rental yields for houses are currently 2.55 with an average median rent of 662 weekly. Houses have seen -13.55 growth in the past quarter, and -13.45 growth in the past 12 months.
The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14% of total area. The population of Elwood in 2011 was 14,637 people. By 2016 the population was 15,548 showing a population growth of 6.2% in the area during that time. The predominant age group in Elwood is 30-39 years.
Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation. In 2011, 42.4% of the homes in Elwood were owner-occupied compared with 41.9% in 2016.
In Elwood, the median property price for a unit is currently 650,000 with annual capital growth of 0.00 . There were 300 unit sales in the past 12 months. On average, units spend 41 days on market.
If you're thinking about buying an investment property in Elwood, consider that rental yields for units are currently 4.42 with an average median rent of 550 weekly. Units have seen -3.70 growth in the past quarter, and 0.00 growth in the past 12 months.
The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14% of total area. The population of Elwood in 2011 was 14,637 people. By 2016 the population was 15,548 showing a population growth of 6.2% in the area during that time. The predominant age group in Elwood is 30-39 years.
Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation. In 2011, 42.4% of the homes in Elwood were owner-occupied compared with 41.9% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,930,000 | 650,000 |
| Quarterly growth | -13.55 | -3.70 |
| 12-month growth | -13.45 | 0.00 |
| Average annual growth | +1.63 | +0.24 |
| Weekly median rent | 662 | 550 |
| Gross rental yield | 2.55 | 4.42 |
| Number of Sales (12m) | 115 | 300 |
| Avg. Days on Market (12m) | 36 | 41 |
| Key Demographics | 2011 | 2016 |
| Total population | 14,637 | 15,548 |
| Population change (5y) | +6.17 | +6.20 |
| Median household income (p/w) | 1,752 | 1,908 |
| Household income change (5y) | +33.33 | +8.90 |
| Median age of persons | 35 | 36 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Elwood was 15,548 in 2016, a +6.20 change compared to 2011.
The predominant age group in Elwood is 30-39 years.
The population of Elwood was 15,548 in 2016, a +6.20 change compared to 2011.
The predominant age group in Elwood is 30-39 years.
Most of the population in Elwood were born in Australia.
Most of the population in Elwood were born in Australia.
Most of the population in Elwood report their religion as No Religion.
Most of the population in Elwood report their religion as No Religion.
Most of the population in Elwood report their income range as between 78,000 and 130,000 .
The median household income in Elwood was 1,908 in 2016, a +8.90 change compared to 2011.
Most of the population in Elwood report their income range as between 78,000 and 130,000 .
The median household income in Elwood was 1,752 in 2011, a +33.33 change compared to 2006.
Most of the population in Elwood work as Professional.
Most of the population in Elwood work as Professional.
The chart below demonstrates the various levels of education in Elwood.
The chart below demonstrates the various levels of education in Elwood.
Most of the population in Elwood reached a qualification level of Bachelor.
Most of the population in Elwood reached a qualification level of Bachelor.
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