Elsternwick's period homes are the clearest example of what's working right now. Three-bedroom houses near $1.7825 million are clearing at around four in five in a quick five weeks, as buyers respond to homes that have been decluttered and depersonalised enough to picture themselves living there immediately. The two-bedroom apartment market is deep too, with over a hundred sales this year clearing at around seven in ten.
Four-bedroom homes are the more selective step, clearing closer to half, a reminder that at the top of the market, presentation and realistic pricing both matter more, not less.
With upsizers dominant and the $1.2 million to $2 million range the most active band, the mood is balanced rather than urgent. Buyers are engaged but discerning, and a turn-key home that removes the cost and uncertainty of renovating is consistently the one creating a genuine emotional connection and a stronger offer.
Median sale price for houses in Elsternwick is $2,015,000, up 10.2% from last year.
Median sale price for units in Elsternwick is $760,000, up 7.4% from last year.
Properties sold for houses in Elsternwick is 91, up 1.1% from last year.
Properties sold for units in Elsternwick is 174, up 22.5% from last year.
Auction clearance for houses in Elsternwick is 73.0%, down 11.4% from last year.
Auction clearance for units in Elsternwick is 68.3%, down 10.1% from last year.
Av days on market for houses in Elsternwick is 33, down 31.3% from last year.
Av days on market for units in Elsternwick is 36, down 28.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Would you hand the keys to your brand-new car to someone you barely know without making sure it was insured? It's a question we often ask investors when discussing landlord insurance.
Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.
You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.
Buying an investment property is exciting. Between finance, contracts, building inspections and settlement, there is a lot happening in a relatively short period of time.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
Find Elsternwick's Best Real Estate Agents at Woodards
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
