Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Elingamite, VIC 3266
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$810,000
Median Unit
$795,000
Gross Yield (houses)
2.3%
1yr Growth
-
Investment snapshot for Elingamite
Elingamite has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Elingamite verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Elingamite - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Elingamite market and investor summary
Elingamite (VIC 3266) runs a median house price of $810K, with houses yielding a gross 2.3%. At 0.5% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.3% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 273 days on market, so plan for a slower exit if you ever need one.
Living in Elingamite: people, income and schools
Elingamite is home to around 57 people, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and families account for 70% of households.
Households here earn a median of about $67,000 a year, or roughly $1,300 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 12.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 57
- -2% over 5yr
- Median age
- 48 years
- Median household income
- $67,000/yr
- Households renting
- 30%
- Family households
- 70%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Elingamite
No properties currently listed in Elingamite
Search Elingamite listings →Frequently asked questions about Elingamite
What should I check before investing in Elingamite?
Elingamite has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Elingamite?
The median property price in Elingamite, VIC 3266 is $810K for houses and $795K for units.
What rental yield does Elingamite show?
The gross rental yield in Elingamite is 2.3% for houses and 1.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Elingamite?
The current vacancy rate in Elingamite is 0.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Elingamite?
Elingamite has a population of approximately 57 residents, with a median age of 48.
Is Elingamite affordable to buy in?
A median house in Elingamite costs about 12.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Elingamite's population growing?
The population of Elingamite has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API