Elsternwick

VIC 3185

Elsternwick is an inner south-east Melbourne suburb in the City of Glen Eira, about nine kilometres from the CBD. The commercial centre is Glen Huntly Road: a village strip of Victorian shopfronts, cafes and restaurants, with first-floor offices and consulting rooms above the street. Elsternwick station on the Sandringham line sits on the same strip, and tram route 67 runs the length of Glen Huntly Road.

This is a neighbourhood trading strip, not a CBD floorplate or an industrial precinct. Premises advertised for lease tend to be small shopfronts, first-floor offices, and medical or consulting suites that can move between those uses. Neighbouring suburbs with deeper published leasing markets include Brighton, St Kilda and Prahran.

13

Active lease listings

commercial properties

$60,000

Median annual rent

asking rent across all listings

109

Median days on market

across all active listings

Lease rate trend

$348/m² p.a.

Median advertised rate

Up 12.6%

Change over 12 months

$405202420252026$519$290Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Elsternwick. Drill down to individual listings in MarketBuddy

Listings by sector

4

Offices

active lease listings

3

Medical / Consulting

active lease listings

3

Retail and Shops

active lease listings

2

Other

active lease listings

1

Hotel and Leisure

active lease listing

Want to know more?

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Last updated 5 September 2026