FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Elsternwick, Victoria 6.7 out of 10 (Workhorse Investment) as of May 2026.
Elsternwick offers a workhorse investment, underpinned by its inner-ring location just 9km from the CBD and an established amenity base. Exceptional tenant demand is evident through a consistently low 1.2% vacancy rate, attracting high-income renters willing to pay premium weekly rents. This combination drives reliable capital appreciation, positioning it as a steady performer in a high-value market.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Elsternwick, Victoria 6.7 out of 10 (Workhorse Investment) as of May 2026. Elsternwick offers a workhorse investment, underpinned by its inner-ring location just 9km from the CBD and an established amenity base. Exceptional tenant demand is evident through a consistently low 1.2% vacancy rate, attracting high-income renters willing to pay premium weekly rents. This combination drives reliable capital appreciation, positioning it as a steady performer in a high-value market.
The median house price in Elsternwick, VIC is $2.1M. Weekly rent of $1016 against a 2.5% gross yield underpins this figure.
Elsternwick has a gross rental yield of 2.5%, with a median weekly rent of $1016. 12-month price growth is tracking at +6.5%.
Based on its market signals, Elsternwick aligns with: Defensive Hold.