Golden Plains Shire Council
Elaine
Elaine at a glance
Median house
$343,000
Median unit
$246,960
Walk score
0
Very car dependent
Population
232
Median age 44
About
Welcome to Elaine.
Elaine (3334) sits in the Golden Plains region of Victoria. The median house here is $343,000, well below the Victoria median of around $850K.
Elaine has roughly 232 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Houses change hands at $343,000 on a typical sale, well below the Victoria median. Units come in around $246,960, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $69,000. Prices are well below the Victoria median, which keeps Elaine on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$343,000
+0.0% over the past year. Median unit price $246,960.
Rental and ownership
Weekly rent (house)
$200/wk
Weekly rent (unit)
$166/wk
Owner occupied
79%
Renter occupied
16%
At a deeper level
$343,000
$246,960
232
Median age: 44
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For investors
Investment overview.
Gross rental yield on houses sits at 3.03% (median rent $200/wk against a $343,000 price tag). Units yield 3.50% gross, often the better cash-flow play for first-time investors. Renter share is modest (16%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)3.03%
Based on $343,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)3.50%
Based on $246,960 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202679%
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Elaine's population at 232, with a median age of 44. That sits as an established, older skew. Households are predominantly owner-occupied (79% own, 16% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (63% family households, 30% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
232
Median age
44
Family households
63%
Lone person
30%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Elaine scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 23°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Ballarat Aerodrome station, 12.8km away.
Schooling within or near the suburb covers 13 government primary, 1 government secondary, 5 Catholic, 1 independent.
Safety
Crime and safety.
7
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Elaine.
Local schools for Elaine
View the catchment for each school to find out more.
Government School Catchment
Meredith Primary School
Lal Lal Primary School
Mount Egerton Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
23.2°C
Coldest Month (avg min)
7.3°C
Monthly Rainfall (mm)
Weather data from BOM station Ballarat Aerodrome (13 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Elaine.
- What is the median house price in Elaine?
- The median house price in Elaine, VIC 3334 is $343,000. The median unit price is $246,960. Annual growth is +0.0%.
- What is the Elaine postcode?
- Elaine is in the 3334 postcode, in VIC, in the Golden Plains Shire Council region.
- What is the average rent in Elaine?
- The median weekly rent for houses is $200, for units it's $166.
- What schools are in Elaine?
- There are 20 schools serving Elaine on this page, including Meredith Primary School, Lal Lal Primary School, Mount Egerton Primary School.
- How walkable is Elaine?
- Elaine has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Elaine?
- Elaine is close to Morrisons, Mount Doran, Bungal, Cargerie, Clarendon.
- What is the population of Elaine?
- Elaine has approximately 232 residents. The median age is 44.
Elaine
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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