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