Elwood, VIC 3010
Inner-Melbourne convenience with a character all its own.
- Inner-city living
- $415/wk Median
- 51.2% Renters
Elwood Rental Market Statistics
- Population
- 14.8k
- Median age
- 38
- Median weekly rent
- $415
- To the CBD
- 7.7km
- Walkability
- 8.3
- Schools within 3 km
- 8
ABS 2021 Census
Elwood Neighbourhood & Lifestyle
Shopping
Weekend markets bring out the neighbourhood — local produce, secondhand finds and a genuinely social start to the day.
Arts & Culture
A modest but genuine arts scene — a community gallery, the odd pop-up exhibition, and a local hall that hosts markets and events.
Signature Spotlight
Inner-City Living
Renters land in Elwood for the balance it strikes — close enough to Melbourne's core to keep the commute reasonable, established enough to have its own local character. 51.2% of the suburb's 14,818 residents rent.
Around Elwood
Elwood Junction
A well-used local strip — a handful of shops, cafés and the everyday essentials within walking distance.
Elwood Reserve
A pocket of green space that gives the suburb some breathing room from the surrounding streets.
Available Rental Properties in Elwood
Listing data is temporarily unavailable for Elwood / We're working on it — in the meantime, set up an alert and we'll notify you as soon as it's back.
Frequently Asked Questions about Renting in Elwood
Real questions renters ask before moving to Elwood.
How far is Elwood from the Melbourne CBD?
Elwood is approximately 8km from the Melbourne CBD. Public transport links are workable if not fast — allow extra time during peak periods.
How much does it cost to rent in Elwood?
Based on 2021 ABS Census data, the median weekly rent in Elwood is $415. Actual asking rents will vary by property size and condition, but $415 a week is the reliable long-run benchmark for the suburb as a whole.
Is Elwood walkable?
Elwood carries a walkability score of 8.3/10 — daily errands and a lot of local life happen comfortably on foot.
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