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Elwood real estate offers a large variation in houses for sale ranging from period homes through to modern townhouses, affordable apartments to occupy or invest and large family homes with land for a tennis court and pool.

Hodges real estate specialises in real estate, property, land, homes for sale, apartments for sale, rental homes and rental apartments in Elwood and surrounding suburbs. With over 150 years history combined with the latest in internet technology, Hodges real estate is the local area expert.

A bayside suburb, Elwood is south of St Kilda and 8 km south of Melbourne.

Elwood/Ripponlea's housing stock is a mixture of styles including larger houses from the Victorian and Edwardian eras around Ripponlea, with a significant stock of flats and apartments from the turn of the century onwards in the Elwood area.

The neighbourhood is well served by the Ripponlea shopping area in Glen Eira Road and the Glen Huntly Road and Ormond Road centres in Elwood. The eastern part of the neighbourhood is served by Ripponlea station on the Sandringham rail line. Other notable physical features include Elwood Beach, the Elwood Canal and Point Ormond.
Elwood Real Estate Median Property Data*
The median prices for the latest quarter (Mar 10 Median) in Elwood Real Estate real estate are $1,357,000 for houses and $587,500 for units. This being a quarterly change of 13.08% for houses and 17.50% for units. The annual change in the Elwood Real Estate real estate median prices was 42.09% for houses and 30.56% for units.
Elwood
House
Unit
Lower Quartile
$1,151,000
$467,125
Mar 10 Median
$1,357,000
$587,500
Upper Quartile
$1,787,500
$742,000
Dec 09 Median
$1,200,000
$500,000
Mar 09 Median
$955,000
$450,000
Quarterly Change
13.08%
17.50%
Annual Change
42.09%
30.56%
*Median price data sourced from REIV
Hodges Real Estate agents with current properties in Elwood Real Estate are Andrew Budicin, Fran Gill, Frank Ruffo, Jason Gill, John Purcell, Josh Stirling, Julian Augustini, Steve Feren.