Eltham (VIC 3095): property prices & suburb profile

Nillumbik LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Eltham · VIC 3095 · typical house price · 12 months to 2025-Q4
$1,248,000+85.9%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (183 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,248,000
183 sales over 4 quarters
Typical unit price
$824,000
12 months to 2025-Q4, 92 sales
Sales in the last year
275
houses + units
SEIFA advantage decile
10 of 10
Eltham
Schools in the suburb
5
ACARA registered

Eltham property prices

The typical Eltham house sold for around $1,248,000 in the year to 2025-Q4, +85.9% over 10 years and +34.2% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+1.6%
+0.9%
+34.2%
+85.9%
Units
+9.4%
-2.5%
+20.0%
+57.6%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
534k735k935k1.14M1.34M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$631,500$470,000
2014$670,000$495,000
2015$750,000$549,000
2016$815,000$562,000
2017$930,000$687,500
2018$942,500$661,500
2019$928,000$650,000
2020$995,000$728,000
2021$1,234,500$800,000
2022$1,255,000$800,000
2023$1,190,000$725,000
2024$1,245,500$780,000
Apr 2024$1,180,500$820,000
July 2024$1,241,000$708,000
Oct 2024$1,161,000$787,000
2025$1,200,000$745,000
Apr 2025$1,263,500$840,000
July 2025$1,251,000$901,000
Oct 2025$1,273,000$770,500
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Eltham medians by quarter

The most recent quarter on record for Eltham is 2025-Q4.

Eltham medians by quarter
2025-Q4Unit$771k28
2025-Q4House$1.27M51
2025-Q3Unit$901k29
2025-Q3House$1.25M35
2025-Q2Unit$840k21
2025-Q2House$1.26M52
2025-Q1Unit$745k14
2025-Q1House$1.20M45
2024-Q4Unit$787k29
2024-Q4House$1.16M54
2024-Q3Unit$708k22
2024-Q3House$1.24M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Eltham

Eltham has a median age of 43 and a median household income of $2,391 a week.

Population (Eltham)
18,847
Median age (Eltham)
43 years
Median household income (Eltham)
$2,391/wk
People per square kilometre
1,136
Average taxable income (postcode, 2023)
$94,709
SEIFA advantage decile (Eltham)
10 of 10
Addresses in the suburb (G-NAF)
9,278
Rooftop solar installs, 12 months (postcode)
238
How Eltham homes are held
Owned outright
42.2% · 2,777
Owned with a mortgage
43.9% · 2,887
Rented
11.9% · 784
Eltham homes by bedroom count
1 bedroom or studio
1.7% · 112
2 bedrooms
10.4% · 682
3 bedrooms
41.9% · 2,738
4 bedrooms
37.3% · 2,439
5 or more
8.7% · 569
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
10 of 10
Economic resources (IER)from household income, wealth and housing costs
9 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Eltham are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Eltham" and postcode 3095 both extend beyond Eltham.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Eltham

The 5 schools in Eltham sit at the 89th percentile nationally on ACARA's socio-educational index.

Schools located in Eltham
Catholic Ladies' College LtdCatholicSecondary1,119
Eltham East Primary SchoolGovernmentPrimary1,143
Eltham High SchoolGovernmentSecondary1,101
Eltham Primary SchoolGovernmentPrimary1,117
Our Lady Help of Christians SchoolCatholicPrimary1,094
Median school percentile nationally · ICSEA score
Eltham · 5 schools
89th · 1117
Nillumbik LGA
78th · 1075
Melbourne North
68th · 1050
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Eltham

Eltham's typical house price of $1,248,000 is the 12th highest of the 51 Melbourne North suburbs we cover.

All Melbourne North suburb research

Eltham: common questions

How much does a house cost in Eltham?
About $1,248,000 across the 12 months to 2025-Q4, from 183 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Eltham prices gone up?
Prices have risen 85.9% over 10 years and moved +34.2% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Eltham?
The typical unit price was around $824,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 92 sales.
Can I see Eltham prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Eltham?
Eltham has 5 ACARA-registered schools: Catholic Ladies' College Ltd, Eltham East Primary School, Eltham High School, Eltham Primary School, Our Lady Help of Christians School.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.