Gary Peer & Associates Elwood

Our team of highly experienced real estate agents has extensive knowledge of Elwood. To view Elwood Real Estate currently listed with Gary Peer simply use the real estate search function of this website or contact our local Real Estate office to inspect any houses which may interest you.


Elwood is located 8 km south of Melbourne's Central Business District. Elwood Beach is a popular bayside beach destination during summer, where the beaches are used recreationally for windsurfing, cycling, cricket and walking

The suburb has experienced ongoing gentrification, known for its mix of Edwardian and Interwar architecture character, its beaches and its leafy streets, many of which are lined by London Plane trees.

Elwood was originally swampland but the installation of the Elwood Canal turned it into a habitable area. IT was initially planned out around the two central geographic features of Elster Creek (now Elwood Canal), and promontory at Point Ormond, once known as Little Red Bluff.
Originally a working middle class suburb in the early part of the 20th century, Elwood has overseen waves of gentrification and is now one of Melbourne's most sought after bayside addresses. The area is popular with young couples, professionals, and some of Melbourne’s wealthier denizens.

Large period houses, many from the 1920s and 30s with art deco touches, along with proximity to beach and foreshore, have made the area very attractive.

In the late 1970s, like nearby St Kilda, Elwood was known for its nightlife and developed a reputation as a cabaret area. Many of these venues operated out of some of the suburb's quirkier old buildings. As the scene saw a demise in the early 1980s, many buildings, including Maison de Luxe and Moulin Rouge (which operated out of the 1880s mansion "Pladda" built for Captain A. Currie), were subsequently demolished.

Despite its history of adversity, a modern suburb now thrives by the bay in one of Melbourne’s most prized locations. Café life in the Elwood village seems a long way from the flood, fire and fever of earlier days. Coloured lorikeets flock to the green corridors of shady trees, a native forest has been planted on the foreshore and the once despised canal area is undergoing rejuvenation as a haven for walkers and cyclists.

House Styles: Victorian Mansions, Edwardian cottages, ART Deco, interwar apartment buildings, Spanish-style blocks, mansion, new apartments.
Best known for: Elwood Beach, Elwood Village, Elwood Sailing Club, spectacular sunsets
Nearby Shopping Centres/Strips: Elwood Village, Ripponlea Village, Acland Street
Popular Cafés/Restaurants: Lune Croissanterie, Dandelion, Combi, Lezzet, Jimmi Jamz, Goathouse, Curry Leaf Café, Jerry’s Milkbar, Miss Alex & Co, The Dining Haul, Sails On The Bay
Train Stations: Ripponlea
Tram Routes: 67
Buses: 630, 923, 246
Parks: Elwood Beach Elwood Canal, Point Ormond Reserve
Schools: Elwood Primary, St Kilda Primary, Ripponlea Primary, Elsternwick Primary, Elwood College, Yesodei Hatorah, Sholam Aleichem

Surrounding Suburbs: Balaclava, Brighton, Elsternwick, Ripponlea, St Kilda

Median House Price: $1,369,000
Median Unit Price: $587,500
Population: 14,638
Local Government: City of Port Phillip