Eltham, VIC 3095
Banyule City CouncilAll suburbs in postcode 3095
Updated
Median house price
$1,263,500
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Eltham?
Get the free selling guide, personalised to Eltham, or ask for a free appraisal from a local agent.
Eltham at a glance
- Median unit
- $840,000
- Weekly rent
- $650
- Houses · units $500
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025
House prices in Eltham
Houses change hands at $1,263,500 on a typical sale, above the Victoria median. Units come in around $840,000, roughly 34% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $253,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Eltham
What’s your home worth in Eltham?
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What to know about Eltham
Eltham (3095) sits in the Banyule region of Victoria. The median house here is $1,263,500, above the Victoria median of around $850K.
Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Eltham scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 28°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 679 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 4 government secondary, 4 Catholic, 2 independent.
Schools in Eltham
Location
Walkability
- Walk
- 100/100
- Transit
- 0/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
Investment overview
Gross rental yield on houses sits at 2.68% (median rent $650/wk against a $1,263,500 price tag). Units yield 3.10% gross, often the better cash-flow play for first-time investors.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.68%
- On the $1,263,500 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 3.10%
- On the $840,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
651 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 679 mm
- Hottest month, avg max
- 27.5°C
- Coldest month, avg min
- 5.7°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Eltham
- What is the median house price in Eltham?
- The median house price in Eltham, VIC 3095 is $1,263,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $840,000.
- How much is my house worth in Eltham?
- A useful starting point is the Eltham median house price of $1,263,500 (units $840,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Eltham a good investment?
- On the published figures, the gross rental yield on houses in Eltham is 2.7%: the median weekly house rent is $650 (Victorian rental report, September 2025) against the median house price of $1,263,500 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Eltham: the Land Victoria figures we hold do not measure one. Whether Eltham is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Eltham postcode?
- Eltham is in the 3095 postcode, in VIC, in the Banyule City Council region.
- Where is Eltham?
- Eltham is a suburb in the Banyule City Council area, VIC 3095.
- What is the average rent in Eltham?
- The median weekly rent for houses is $650, for units it's $500.
- What schools are in Eltham?
- There are 20 schools serving Eltham on this page, including Eltham East Primary School, Our Lady Help of Christians School, Catholic Ladies' College Ltd.
- How walkable is Eltham?
- Eltham has a Walk Score of 100 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Eltham?
- Eltham is close to Research, Eltham North, Montmorency, St Helena, Saint Helena.
Selling in Eltham? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.