ElwoodVIC · suburb profile
VIC 3184 · Port Phillip
Daily life in Elwood is marked by a strong work-from-home culture, with 45.1% of residents working remotely, much higher than the Victorian average of 25.7%. The suburb has a high labour force participation rate of 74.7% and a relatively low unemployment rate of 4.2%. Commuting by car is less common, with only 31.0% of residents driving to work, while public transport usage is at 5.9%. The community has a diverse cultural feel, with a significant portion of the population born in Australia (67.5%) and a variety of languages spoken at home.
Sales · 12 months to August 2026
What property sold for in Elwood
Units · The median unit in Elwood went for $645,000 over the 12 months to August 2026, dearer than 74% of the suburbs we cover. That is 6.4% up on the twelve months before, on 265 sales.
The middle half of units sold between $525,000 and $760,000.
Houses
$1.91m
median of 41 sales
17.1% down on the previous twelve months.
Dearer than 96% of the 426 suburbs we cover in Victoria.
Half sold between $1.48m and $2.58m.
Last sold within the past month
Units
$645k
median of 265 sales
6.4% up on the previous twelve months.
Dearer than 74% of the 162 suburbs we cover in Victoria.
Half sold between $525k and $760k.
Last sold within the past two weeks
Townhouses
$1.50m
median of 14 sales
Too few sales to be reliable — treat as a rough guide
Half sold between $1.25m and $1.67m.
Last sold four to eight months ago
320 sales on record · data to 30 August 2026
Since 2022
How prices have moved
Units · The longer arc is downward here, $675,000 in 2022 to $645,000 now.
- Houses
- Units
- Townhouses
Dashed lines and hollow points are part years — incomplete, so a dip may only mean fewer sales have happened yet. A break in a line is a year with no published figure, not a fall to zero.
| Year | Houses | Units | Townhouses |
|---|---|---|---|
| 2026 · part year | $2.00m | $658k | |
| 2025 · part year | $2.13m | $615k | $1.52m |
| 2024 | $2.08m | $655k | |
| 2023 | $2.21m | $673k | |
| 2022 | $2.60m | $675k |
Quarter by quarter
| Quarter | Median | Sales | Change |
|---|---|---|---|
| 2025 Q4 | $1.83m | 24 |
| Quarter | Median | Sales | Change |
|---|---|---|---|
| 2026 Q2 | $609k | 48 | -11.7% |
| 2026 Q1 | $690k | 54 | +11.7% |
| 2025 Q4 | $618k | 118 | -0.6% |
| Quarter | Median | Sales | Change |
|---|---|---|---|
| 2025 Q4 | $1.48m | 9 |
A change is marked low confidence where either quarter had fewer than 30 sales. The medians are real; with a handful of sales the movement between them is mostly which homes happened to change hands, not the market moving.
Last 12 months
What an extra bedroom costs in Elwood
Units · The step from 1 to 2 bedrooms is the expensive one in Elwood, worth about $272,000.
Houses
| Bedrooms | Median | Sales |
|---|---|---|
| 2 | $1.38m | 8 · few |
| 3 | $1.91m | 19 · few |
| 4 | $2.60m | 11 · few |
Units
| Bedrooms | Median | Sales |
|---|---|---|
| 1 | $426k | 78 |
| 2 | $698k | 168 |
| 3 | $1.02m | 19 · few |
Townhouses
| Bedrooms | Median | Sales |
|---|---|---|
| 2 | $1.13m | 6 · few |
| 3 | $1.66m | 7 · few |
Counts with fewer than five sales are left out rather than estimated, and bigger does not always mean dearer — a bedroom count with few sales can be pulled either way by the particular homes that happened to change hands.
4 schools · 2025 figures
Who goes to school in Elwood
All schools · Elwood's 4 schools teach 1,708 students, up 5.6% in ten years — and 4 government catchments cross the suburb.
Schools here
4
2 primary · 1 secondary · 1 Prep-to-12
Students, all schools
1,708
2025 · +5.6% since 2015
At primary schoolsStudents at schools whose type is “Primary”. It excludes children in primary years at a Prep-to-12 college — they are counted in the tile beside this one. This number answers “are the primary schools here filling or emptying?”
−16.9%
755 students · five years
Children in primary yearsChildren in Years 1–6 at any school, including Prep-to-12 colleges. This answers “are there still young families here?” — a different question from the tile on the left, which is why the two can move in opposite directions.
Prep and ungraded students are counted separately again; see the chart below.
−19.4%
711 · Years 1–6, anywhere
11 years · two ways to read them
Enrolments, 2015–2025
The same students, counted two ways — by the kind of school they attend, and by the year they are in. They answer different questions and can point in different directions. Both views are in the page; the buttons only change which is visible.
Enrolments in Elwood have grown 5.6% over 10 years, with the movement at the secondary end.
- Primary schools
- Secondary schools
- Prep-to-12 & specialist
Show data table
| Year | Primary schools | Secondary schools | Prep-to-12 & specialist |
|---|---|---|---|
| 2015 | 912 | 565 | 140 |
| 2016 | 930 | 595 | 150 |
| 2017 | 957 | 671 | 163 |
| 2018 | 964 | 787 | 154 |
| 2019 | 945 | 830 | 159 |
| 2020 | 909 | 822 | 167 |
| 2021 | 898 | 814 | 161 |
| 2022 | 859 | 795 | 155 |
| 2023 | 800 | 817 | 143 |
| 2024 | 790 | 827 | 149 |
| 2025 | 755 | 804 | 149 |
Which schools in Elwood are filling and which are emptying. A school that covers Prep to Year 12 is counted once, in its own line — its primary-age students are not in the primary schools line.
- Years 1–6
- Years 7–12
- Prep & ungradedTwo groups that sit outside the numbered year levels: Prep — the first year of school, which the national data does not number — and ungraded students at specialist schools, who are not placed in a year level at all.
A suburb with a specialist school will have a large line here.
Show data table
| Year | Years 1–6 | Years 7–12 | Prep & ungraded | All students |
|---|---|---|---|---|
| 2015 | 838 | 617 | 162 | 1,617 |
| 2016 | 854 | 654 | 167 | 1,675 |
| 2017 | 891 | 725 | 175 | 1,791 |
| 2018 | 924 | 837 | 144 | 1,905 |
| 2019 | 887 | 881 | 166 | 1,934 |
| 2020 | 882 | 876 | 140 | 1,898 |
| 2021 | 845 | 876 | 152 | 1,873 |
| 2022 | 828 | 856 | 125 | 1,809 |
| 2023 | 770 | 883 | 107 | 1,760 |
| 2024 | 735 | 899 | 132 | 1,766 |
| 2025 | 711 | 875 | 122 | 1,708 |
This counts children by the year they are in, not by the kind of school they attend — so a Prep-to-12 college contributes to every line. The three add up to every student in the suburb.
2025 · ACARA
All 4 schools in Elwood
Ordered by size, not by results — 2 government, 1 Catholic and 1 independent. Schools with more than one campus are counted once.
What these columns mean
- Type
- Prep-to-12 is one school a child can start and finish at without changing schools. Specialist schools also appear as Prep-to-12.
- 5 yr
- Change in enrolments against five years ago, not against last year. Enrolments move slowly, so a single year is mostly noise.
- VCE median
- The middle study score of that school’s Year 12 students, on a scale of 0–50. The state median in 2025 was 29.0, so a school above that sits above the middle and one below it sits below. The smaller number after it is how many students the figure rests on. Under 30 students we show nothing at all — a small cohort’s result swings from year to year on who happened to sit the exams, which is easily mistaken for the school changing.
| School | Sector | Type | Students | 5 yr | 10 yr | VCE median |
|---|---|---|---|---|---|---|
| Elwood College | Government | Secondary | 804 | −2.2% | +42.3% | 29 · 185 |
| Elwood Primary School | Government | Primary | 618 | −17.9% | −19.5% | — |
| Yesodei HaTorah College | Independent | Prep-to-12 | 149 | −10.8% | +6.4% | 34 · 31 |
| St Columba's School | Catholic | Primary | 137 | −12.2% | −4.9% | — |
2 schools in Elwood reported median VCE study scores of 29 to 34, against a state median of 29.
Government zoning
Which catchments cover Elwood
4 government catchments cover Elwood — 1 secondary and 3 primary — so which one applies depends on the address, not the suburb. The secondary catchment is Elwood College.
| CatchmentThe area around a government school where living there guarantees your child a place. Boundaries follow streets, not suburb lines, so an address near the edge of a suburb may be zoned elsewhere. They are redrawn each year. | Level |
|---|---|
| Elwood College | Secondary |
| Elsternwick Primary School | Primary |
| Elwood Primary School | Primary |
| St Kilda Primary School | Primary |
The read
What living here is actually like
Elwood is a vibrant suburb located in Victoria, with a population of 15,158 people. The median age is 38, which aligns with the Victorian average. The suburb has a slightly higher female population at 52.8% compared to males at 47.2%. Elwood is characterized by a high percentage of apartments, making up 72.1% of housing, which is significantly higher than the Victorian average of 26.6% for separate houses. The area is popular among couples without children, who make up 48.4% of the family demographic, and single-person households, which account for 44.1%.
Buyer fit
Who this suburb suits
One score per buyer type, out of 100, built from the demographic, housing and commute profile. Strongest first.
Buyer-fit score
Elwood · 0–100
Show data table
| Buyer type | Score |
|---|---|
| Professionals | 85 |
| Investors | 75 |
| Families | 65 |
| Retirees | 60 |
| First home buyers | 55 |
Why professionals score highest
The signals doing the work
- 39.1% of residents are professionals
- High work-from-home rate at 45.1%
- High median personal weekly income of $1,364
- Proximity to industries like legal services (2.2%)
Against the state
How Elwood differs from Victoria
Every bar is this suburb. The vertical tick is the Victorian figure — the gap between them is the story.
Housing & movement
What’s built here, and how people leave in the morning
Dwelling mix
Share of occupied private dwellings
Show data table
| Dwelling type | Share |
|---|---|
| Apartments | 72.1% |
| Separate houses | 14.2% |
| Townhouses | 13.6% |
How people get to work
Method of travel, 2021 Census
Show data table
| Method | Share |
|---|---|
| Worked from home | 45.1% |
| Drove a car | 31% |
| Public transport | 5.9% |
| Walked only | 2.5% |
Costs 2021 Census
Census figures, collected in 2021. Rents and repayments have moved since — for what property is selling for now, see .
Top occupations
Share of the employed workforce
Key highlights
- Highly educated population - 51.6% hold bachelor degrees (vs VIC 29.2%)
- High median personal weekly income of $1,364
- Significant work-from-home culture - 45.1% (vs VIC 25.7%)
- Renter-heavy with 51.4% of properties rented
- Diverse cultural background with 79.5% speaking only English at home
Things to be aware of
- High median weekly rent of $415 may be challenging for some
- Low percentage of separate houses at 14.2%
- High percentage of single-person households at 44.1%
- High percentage of professionals may indicate competitive job market
- Mental health conditions reported by 9.8% of the population
Coming soon to this page
Where the richer profile lands
Schools & catchments
Zoned primary and secondary, NAPLAN bands, distances.
Transport & access
Stations, tram routes, drive time to the CBD, walkability.
Development activity
Permits approved, projects underway, zoning changes.
Want to dig into one address in Elwood?
A suburb page gets you this far. For a specific block you get what homes of that size sell for here, the schools that address is zoned to, any subdivisions proposed within 500 m, plus lot dimensions, easements, planning overlays and true sun aspect — free, no account.
X-Ray an address →Data sources
Demographic figures from the Census of Population and Housing © Australian Bureau of Statistics, used under Creative Commons Attribution.
Cadastral and boundary data contains information © State of Victoria (Vicmap), licensed under CC BY 4.0.
Narrative summaries are AI-generated from the underlying data and may contain errors.
School details, enrolments and senior secondary results from the National Schools Data Collection © Australian Curriculum, Assessment and Reporting Authority (ACARA).
School catchment boundaries contain information © State of Victoria (Department of Education), licensed under CC BY 4.0.
Base map © Mapbox © OpenStreetMap. Improve this map at openstreetmap.org/fixthemap.
Informational only — not financial, legal or planning advice. Verify zoning, overlays and catchments with the relevant council before relying on them. Data vintage: 2021 Census.