2 Read Street

Elphinstone VIC 3448

The size of Elphinstone is approximately 84 square kilometres. It has 2 parks covering nearly 5.8% of total area. The population of Elphinstone in 2011 was 669 people. By 2016 the population was 551 showing a population decline of 17.6% in the area during that time. The predominant age group in Elphinstone is 50-59 years. Households in Elphinstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elphinstone work in a professional occupation. In 2011, 91.2% of the homes in Elphinstone were owner-occupied compared with 86.9% in 2016.

Elphinstone has 448 properties. Over the last 5 years, Houses in Elphinstone have seen a 28.48% increase in median value, while Units have seen a 32.14% increase. As at 31 October 2024:

• The median value for Houses in Elphinstone is $778,131 while the median value for Units is $622,585.