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Shire of Nillumbik

Eltham North

Eltham North Property Market
& Suburb Profile

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MEDIAN PRICES IN ELTHAM NORTH

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)-1.13%

Median unit price

(all agencies, last 12 months)$1.0m*

Unit price change

(all agencies, last 12 months)+16.62%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ELTHAM NORTH price TRACKER

HousesUnits

Eltham North sales overview

  • Sold by Auction 71%
  • Sold by Private Sale or Other Method 29%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)28

Average days on market (units)

(all agencies, 12 months)71

Auction clearance rate in Eltham North

(all agencies, last 12 months)71%

Average held period in Eltham North

(proptrack)12 years

Eltham North Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$801pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$657pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.41%

Average rental yield for Units

(all agencies, last 12 months)3.63%

Eltham North total population size

(as at the last census)6,830

Median household size in Eltham North

(as at the last census)3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Eltham North property types

  • Houses 61%
  • Units 5%
  • Other 34%

OCCUPANCY in Eltham North

  • Owned 93%
  • Rented 6%
  • Other/Not Stated 1%
  • Singles 9%
  • Families 90%
  • Other 1%

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About Eltham North

Eltham North is a highly desirable and established inner-eastern suburb, located approximately 21 kilometres northeast of the Melbourne CBD, offering a premium lifestyle defined by its unique fusion of clean, green serenity and exceptional suburban amenity.

The suburb is celebrated for its lush, leafy streetscapes, low-density zoning, and high rate of owner-occupation, which fosters a peaceful, family-focused community often considered the traditional premier residential area of the northeast corridor.

The housing stock is appealingly diverse, ranging from spacious mid-century homes and renovated weatherboards to contemporary luxury residences, all set on generous blocks that take advantage of the hilly, native bushland setting.

Residents benefit from a wealth of green space, with over thirteen per cent of the total area covered by parks, including the popular Eltham North Adventure Playground and numerous walking tracks, reinforcing the suburb's strong outdoor and family appeal.

Education is a primary pillar of its strength, with institutions like Eltham North Primary School and St Helena Secondary College (located nearby) highly regarded and driving consistent demand from families.

While the suburb itself offers convenient local shops and cafes, it relies on nearby Eltham Village and Greensborough Plaza for major retail, with connectivity managed by bus routes that link efficiently to the Eltham Train Station on the Hurstbridge line, providing a direct rail link to the city, making Eltham North a stable and coveted market for discerning buyers and investors.

Education

Eltham North Primary School
Glen Katherine Primary School
Holy Trinity Primary School
St Helena Secondary College
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Sales Comparison

Find out how Eltham North median sales prices compare to neighbouring suburbs.

Eltham North MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202589$1,115,000-1.13%41$729pw3.52%
202484$1,049,000no change35$706pw3.58%
2023103$1,042,5000.60%33$662pw3.32%
202277$1,025,0000.16%36$595pw3.10%
2021111$1,047,75018.14%30$564pw2.80%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202589$1,115,000-1.13%
202484$1,049,000no change
2023103$1,042,500+0.60%
202277$1,025,000+0.16%
2021111$1,047,750+18.14%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202541$729pw3.52%
202435$706pw3.58%
202333$662pw3.32%
202236$595pw3.10%
202130$564pw2.80%

PROUDLY SERVICING Eltham North

Barry Plant
Eltham

Level 1, 958 Main Road
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St Helena

Eltham

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.