Elwood vs St Kilda West

St Kilda West (median $2,300,000) is roughly 0% cheaper to buy into than Elwood ($2,305,000).

Buying in Elwood or St Kilda West?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
Get the free buying guide

Selling in Elwood? The free selling guide

Elwood and St Kilda West side by side

MeasureElwoodSt Kilda West
Price and market
Median house$2,305,000$2,300,000
Median unit$620,000$572,500
Renting
House rent$1095/wk–
Unit rent$608/wk–
Owner occupied47.0%47.0%
Renter occupied51.0%51.0%
Schools
Schools nearby2020
Average ICSEA11171110
Lifestyle and people
Population15,1532,951
Median age3840
Climate
Annual rainfall617 mm578 mm
Mean max, January26.4°C26.6°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Elwood (1117) sits above St Kilda West (1110).

For buyers
St Kilda West is the lower entry point at $2,300,000 median, 0% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
Elwood edges out on average school ICSEA (1117 vs 1110).

Elwood vs St Kilda West: common questions

Is Elwood or St Kilda West cheaper to buy in?

St Kilda West has the lower median house price at $2,300,000, roughly 0% below Elwood ($2,305,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Elwood or St Kilda West have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Elwood scores 1117 vs 1110 in St Kilda West. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.