31 Nepean HighwayElsternwick VIC 3185
Property Details for 31 Nepean Hwy, Elsternwick
Last Listing description (September 2021)
CBRE is delighted to offer for sale 31 Nepean Highway, Elsternwick. An unprecedented opportunity to secure a state of the art child care centre and premium investment opportunity in one of Melbourne's most elite suburbs (median house price in excess of $2,100,000), with strong underlying land value growth and outstanding demographics.
- Fully leased to Nio Early Learning Adventures A leading private operator that sets the standard for childcare education
- Passing income of $675,000 pa* with 3% fixed annual increases plus 6 month bank guarantee
- Substantial land holding of 2,186sqm* favourably zoned Residential Growth Zone (RGZ1)
- Premium building area of 1,024sqm* plus rooftop play area of 283sqm* (construction soon to commence) with approved permit for 128 places
- Superbly located metres from some of Melbourne's elite schools including, Caulfield Grammar, Wesley College, Elsternwick Primary School, Elwood Primary School & Caulfield Primary School
- Strategically located to nearby Primary Schools including: 800+ children at Elwood Primary (1.1km*), 600+ children at Elsternwick Primary School (650m*) and 300+ children at St Joseph's Primary School (650m*) - 1,700 children total*
- Surrounded by internationally renowned destinations including Caulfield Racecourse, Luna Park, Elwood and St Kilda Beach
- Elsternwick has experienced 82% growth in median house price over the last 5 years, making for an extremely valuable landholding
Josh Twelftree
+61 452 524 985
Bianca Butterworth
+61 410 558 126
Jimmy Tat
+61 439 399 118
Sandro Peluso
+61 418 389 757
*approx
Property History for 31 Nepean Hwy, Elsternwick, VIC 3185
- 02 Sep 2021Listed for Sale SOLD - $11,300,000
- 17 Aug 2018Listed for Sale Contact Agent
- 16 Aug 2018Sold for $11,300,000
Recent sales nearby
See more recent sales nearby/assets/perm/siu3bmdfpai63m5mbewlt7k35a?signature=6c216487ee9cf930e42a178afcd6bfca430e2f46e9a803ed16277693c0b71a06){kind=logo}
0
/assets/perm/gbemz6g3yai6nozkiesvv4xu54?signature=311756757dbf602fb240d4aa4da2383b19c1e264826f1d09807f3b6aaf44fc51){kind=logo}
0/assets/perm/ulkmlzh7cui6tfyz3g7fpxovum?signature=aec3310512f2a26f97b389e01b4266aea2b1ef672a494945a255a25ce9d58622){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Elsternwick 3185
The size of Elsternwick is approximately 2.6 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Elsternwick in 2016 was 10349 people. By 2021 the population was 10887 showing a population growth of 5.2% in the area during that time. The predominant age group in Elsternwick is 30-39 years. Households in Elsternwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elsternwick work in a professional occupation.In 2021, 58.80% of the homes in Elsternwick were owner-occupied compared with 61.10% in 2016.
Elsternwick has 6,732 properties. Over the last 5 years, Houses in Elsternwick have seen a -3.89% decrease in median value, while Units have seen a -4.06% decrease. As at 30 April 2026:
- The median value for Houses in Elsternwick is $2,218,389 while the median value for Units is $683,692.
- Houses have a median rent of $975 while Units have a median rent of $595.
Suburb Insights for Elsternwick 3185
Market Insights
Elsternwick Trends for Houses
N/A
N/A
View TrendN/A
N/A
Elsternwick Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
