Research vs Eltham

Eltham (median $1,263,500) is roughly 17% cheaper to buy into than Research ($1,530,500).

Buying in Research or Eltham?

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Research and Eltham side by side

MeasureResearchEltham
Price and market
Median house$1,530,500$1,263,500
Median unit$362,160$840,000
Renting
House rent$650/wk$650/wk
Unit rent$500/wk$500/wk
Owner occupied92.0%–
Renter occupied6.0%–
Schools
Schools nearby2020
Average ICSEA10941106
Lifestyle and people
Walk score2100
Transit score00
Bike score55100
Population2,695–
Median age44–
Climate
Annual rainfall728 mm679 mm
Mean max, January27.2°C27.5°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

Eltham scores higher on walkability (2/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Eltham (1106) sits above Research (1094).

For buyers
Eltham is the lower entry point at $1,263,500 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Eltham offers the higher gross rental yield (2.68% vs 2.21%), favouring cash-flow investors.
For families
Eltham edges out on average school ICSEA (1106 vs 1094).

Research vs Eltham: common questions

Is Research or Eltham cheaper to buy in?

Eltham has the lower median house price at $1,263,500, roughly 17% below Research ($1,530,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Research or Eltham have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Eltham scores 1106 vs 1094 in Research. 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.

Which is more walkable, Research or Eltham?

Eltham scores 100/100 on walkability vs 2/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Research or Eltham?

Gross rental yield on houses is 2.68% in Eltham vs 2.21% in Research. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.