FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
Eltham stands out as a "Workhorse Investment" with compelling capital growth potential, evidenced by 9% price appreciation over the past 12 months, driven by consistently low supply and an extremely tight 0.8% vacancy rate. Its unique semi-rural character, situated 25km from the CBD, strongly attracts families willing to pay a robust $785 weekly rent for quality living, ensuring sustained demand and income reliability.
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 →Eltham scores 6.8/10 on the FairSquare model. Eltham stands out as a "Workhorse Investment" with compelling capital growth potential, evidenced by 9% price appreciation over the past 12 months, driven by consistently low supply and an extremely tight 0.8% vacancy rate. Its unique semi-rural character, situated 25km from the CBD, strongly attracts families willing to pay a robust $785 weekly rent for quality living, ensuring sustained demand and income reliability.
The median house price in Eltham, VIC is $1.3M. Weekly rent of $785 against a 3.1% gross yield underpins this figure.
Eltham has a gross rental yield of 3.1%, with a median weekly rent of $785. 12-month price growth is tracking at +9.0%.
Based on its market signals, Eltham aligns with: Defensive Hold.