The median real estate prices in Elsternwick was A$645,000 as of November 2006,
with the longer term price trend of Elsternwick Real Estate Prices in Elsternwick
being 11.0% growth.
The suburb of Elsternwick was originally laid out in 1856. The opening of the
railway in 1861 encouraged development of the Elsternwick area, much of which took
place in the 1880s.The Garden Vale estate dates from 1908. Many of the original
larger real estate lots of Elsternwick were redeveloped for flats and units in the
1960s.
Major features of the Elsternwick area include the Rippon Lea historic mansion,
the ABC television studios, Harleston Park and Hopetoun Gardens. The Elsternwick
suburb experienced an increase in population between 1996 and 2001, a result of the
addition of new houses in existing areas and a stable average household size.
For more information about any Elsternwick real estate listed for sale on this website
please contact one of our Elsternwick Real Estate Agents listed on this website.