Elwood, VIC

650 sales · 2025 · Victorian Valuer General

Elwood recorded 650 residential sales in 2025, comprising Apartments at a median of $620,000 (474 sales); Houses at a median of $1,910,000 (122 sales); and Townhouses at a median of $1,566,200 (54 sales). The median apartment price was $620,000.
Median price
$620k
Apartments · Annual · VGV 2025
Sales (2025)
474
Active market
Price range
$620k–$620k
10th–90th pct
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
BudgetMarket accessGradeEst. properties
$400,000 ~14% D — Very limited ~66 of 474
$500,000 ~30% C — Limited ~142 of 474
$625,000 ~51% B — Competitive ~242 of 474
$825,000 ~76% A — Strong access ~360 of 474
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $300k
~3%
$300k–$500k
~26%
$500k–$750k
~39%
$750k–$1.1M
~24%
Over $1.1M
~8%

See if your budget is realistic for Elwood

Check my search →

What is the median apartment price in Elwood?

The median apartment price in Elwood was $620,000 in 2025, based on 474 recorded sales from the Victorian Valuer General.

Is Elwood affordable on a $500,000 budget?

A $500,000 budget gives access to an estimated 30% of the Elwood apartment market (estimated from market distribution curves).

How many apartments sold in Elwood in 2025?

474 apartments were recorded in Elwood in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Elwood?

Sale prices in Elwood ranged from $620,000 (10th percentile) to $620,000 (90th percentile) in 2025.