Elwood
VIC 3184
Elwood is an inner south-east Melbourne suburb in the City of Port Phillip, eight kilometres from the central business district. Elwood Village runs from New Street through Ormond Road to Glen Huntly Road, with cafes, restaurants and local shops, while Elwood Beach and its leafy Edwardian and Interwar streets shape the suburb's bayside character.
Elwood has an office and consulting market, with medical or consulting suites, office suites and floors, and warehouses and factories that sit within a predominantly neighbourhood-scale commercial setting. Elsternwick, Balaclava and St Kilda are nearby comparison markets.
6
Active lease listings
commercial properties
$43,000
Median annual rent
asking rent across all listings
95
Median days on market
across all active listings
Listings by sector
3
Medical / Consulting
active lease listings
1
Industrial, Warehouse and Factories
active lease listing
1
Offices
active lease listing
1
Retail and Shops
active lease listing
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Last updated 3 October 2026