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This property has been sold on 26 May 2026
13 days on market
PropRadar's estimate today
$1,372,472
Range $1,163,398 to $1,672,827
Estimated rent $795 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Asking Price
$1,400,000 - $1,540,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 2-bedroom house at 54 Milton Street in Elwood, VIC 3184 sold in May 2026, with 1 bathroom and parking for 1. It offers a 233 m2 block and 121 m2 of internal living space. Elwood sits about 8.0 km from the CBD, where the median house price is $2M. Council data records flood and heritage overlays on the site. There are 83 schools within roughly 5km, and the area scores 84 for walkability and 83 for transit out of 100.
More in Elwood
For sale now
- 41 Addison StreetHouse · 3 bed · 2 bath$2,300,000 - $2,450,000
- 9 Mason AvenueHouse · 3 bed · 2 bath$1,500,000 - $1,650,000
- 29 Thackeray StreetHouse · 3 bed · 1 bath$1,300,000 - $1,400,000
- 11+11A Daley StreetHouse · 4 bed · 2 bath$1,750,000 - $1,900,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,540,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Days on market
13
Investment Score
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Elwood at a glance
House market signals | VIC 3184
Median
$2M
Market signals
To CBD
8 km
Est. Valuation
$1,486,111
Potential Sell Price
Est. Rent/wk
$898
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,540,000
- Stamp Duty (Victoria)
- $84,700
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,629,900
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3184
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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