FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Eltham North, Victoria 6.1 out of 10 (Workhorse Investment) as of May 2026.
Eltham North offers a robust capital growth play, evidenced by 9.5% price appreciation per annum and a tight 1.5% vacancy rate driven by low supply and strong demand. Its position 23km from the CBD appeals to established families seeking larger homes, ensuring consistent tenant demand and long-term value.
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 Eltham North, Victoria 6.1 out of 10 (Workhorse Investment) as of May 2026. Eltham North offers a robust capital growth play, evidenced by 9.5% price appreciation per annum and a tight 1.5% vacancy rate driven by low supply and strong demand. Its position 23km from the CBD appeals to established families seeking larger homes, ensuring consistent tenant demand and long-term value.
The median house price in Eltham North, VIC is $1.26M. Weekly rent of $768 against a 3.2% gross yield underpins this figure.
Eltham North has a gross rental yield of 3.2%, with a median weekly rent of $768. 12-month price growth is tracking at +9.5%.
Based on its market signals, Eltham North aligns with: Defensive Hold.