FairSquare/Victoria/Elsternwick
Suburb Dossier · VIC · 3185

Elsternwick

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.

Model Verdict
Workhorse Investment
6.7OUT OF 10
Median
$2.1M
house
Gross Yield
2.5%
derived
Weekly Rent
$1016
3-bed median
12m Growth
+6.5%
trailing
Secret Sauce · Derivation

How the model valued Elsternwick

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.

Confidencehigh

Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.

Distance
to CBD
9km
Yield
derived from model
2.5%
Median Rent
weekly, 3-bed
$1016
Median Price
(rent × 52) ÷ yield
$2.1M
Fit · Who It Suits
Investor Profiles
Defensive Hold
Model Tags
Balanced Market
Signals · Partial View
Market Temp
Warming
Supply Pressure
Normal
Rent Trajectory
In line
Cycle Position
Hot ·
Days On Market
Cool
Clearance Rate
Active ·
Buyer Demand
Hot
Vacancy Rate
Cool ·
Rent Growth 12m
Active
Price Volatility
Hot ·
5-Year Forecast
Cool
Risk Flags
Active ·

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What's inside
01Cover page with verdict & score
02In-30-seconds snapshot
03Score breakdown across 5 dimensions
04Big picture & liveability analysis
05Market cycle + 10-year forecast
06Rental story + yield scenarios
07Supply & demand pressure gauge
08Opportunity & risk register
093-play investor playbook
1012-24mo + 3-5yr outlook
112026 Budget impact analysis
Nearby · VIC
2.0km away
St Kilda East
Workhorse Investment
$1.65M2.9%+7.5%
2.1km away
Elwood
Workhorse Investment
$2.43M2.4%+7.0%
2.1km away
Caulfield
Workhorse Investment
$1.95M2.6%+6.0%
2.1km away
Caulfield North
Steady Buy
$1.89M2.7%+7.0%
FAQ
01

Is Elsternwick a good investment in 2026?

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.

02

What is the median house price in Elsternwick?

The median house price in Elsternwick, VIC is $2.1M. Weekly rent of $1016 against a 2.5% gross yield underpins this figure.

03

What is the rental yield in Elsternwick?

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%.

04

Which investor profiles does Elsternwick suit?

Based on its market signals, Elsternwick aligns with: Defensive Hold.

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