5/31 Avoca AvenueElwood VIC 3184
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Bright and Spacious Elwood Living in a Peaceful Location
Property Details for 5/31 Avoca Ave, Elwood
5/31 Avoca Ave, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 651m2 and floor size of 82m2. The place is currently for rent with Rolling Realty.
About Elwood 3184
The size of Elwood is approximately 2.6 square kilometres. There are 14 parks, covering nearly 14.0% of the total area. The population of Elwood in 2016 was 15543 people. By 2021 the population was 15153 showing a population decline of 2.5% 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 2021, 46.90% of the homes in Elwood were owner-occupied compared with 41.90% in 2016.
Elwood has 10,296 properties. Over the last 5 years, Houses in Elwood have seen a -10.89% decrease in median value, while Units have seen a -5.80% decrease. As at 31 August 2026:
- The median value for Houses in Elwood is $2,146,491 while the median value for Units is $675,339.
- Houses have a median rent of $1,100 while Units have a median rent of $600.
Suburb Insights for Elwood 3184
Market Insights
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