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Moorabool Shire

Elaine

Elaine Property Market
& Suburb Profile

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MEDIAN PRICES IN ELAINE

Median house price

(all agencies, last 12 months)$643k*

House price change

(all agencies, last 12 months)+12.72%

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

ELAINE price TRACKER

Houses

Elaine sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)113

Average held period in Elaine

(proptrack)6 years

Elaine Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$471pw

House rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)3.57%

Elaine total population size

(as at the last census)232

Median household size in Elaine

(as at the last census)2.4

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

Elaine property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Elaine

  • Owned 79%
  • Rented 16%
  • Other/Not Stated 5%
  • Singles 30%
  • Families 63%
  • Other 5%

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About Elaine

Nestled in Victoria's Central Highlands, Elaine offers a serene rural lifestyle, perfect for families, retirees, and anyone seeking peace and natural beauty.

Community and Lifestyle

Elaine boasts a close-knit, friendly community with a laid-back lifestyle. Its scenic landscapes and rural charm provide a tranquil escape from urban life.

Housing and Real Estate

Elaine's real estate market features a variety of properties, including farmhouses, spacious homes, and cottages. With large plots of land and affordable prices, it appeals to first-time buyers, investors, and those seeking a rural retreat.

Education and Amenities

While Elaine maintains its rural charm, essential amenities are accessible in nearby Ballarat and Buninyong. These towns offer shopping, healthcare, and recreational facilities. Families benefit from quality education with several schools in the surrounding areas.

Recreation and Leisure

Elaine is ideal for outdoor enthusiasts. The countryside is perfect for hiking, cycling, and nature exploration. Nearby Enfield State Park offers beautiful trails, picnic spots, and diverse wildlife.

Transport and Accessibility

Elaine is well-connected by road, about a 30-minute drive from Ballarat. Public transport is limited, so a private vehicle is advantageous.

Demographics and Growth

Elaine's small but growing population appreciates the peace and space of rural living. The suburb's appeal continues to rise as more people seek a quieter lifestyle close to urban centres.

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Sales Comparison

Find out how Elaine median sales prices compare to neighbouring suburbs.

Elaine MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20252$642,50012.72%0$471pw3.57%
20241$570,00012.87%1$459pw3.53%
20231$505,00012.53%1$449pw3.31%
20224$448,750-31.38%0$417pw2.91%
20213$654,0005.48%0$401pw2.89%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20252$642,500+12.72%
20241$570,000+12.87%
20231$505,000+12.53%
20224$448,750-31.38%
20213$654,000+5.48%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20250$471pw3.57%
20241$459pw3.53%
20231$449pw3.31%
20220$417pw2.91%
20210$401pw2.89%

PROUDLY SERVICING Elaine

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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.