Median price trend for houses
Based on 10 sales in the preceding 12 months
$870,000
Up 33.8% over 12 months
- 2 bed
- $730k
- 3 bed
- $925k
- 4 bed
- $870k
The quick read on
VIC 3448 · Mount Alexander
What homes cost, how rents have moved, and a feel for the people who call it home.
latest suburb median
ABS 2021
Elphinstone, Victoria
Median sale price and rental income of properties in Elphinstone (Vic.) VIC
Based on 10 sales in the preceding 12 months
$870,000
Up 33.8% over 12 months
Based on 1 rental listings in the preceding 12 months
Up 50.0% over 12 months
Market data updated September 2026.
The median house price in Elphinstone (Vic.), VIC is currently $870,000, based on the latest 12 months of sales. Elphinstone (Vic.) has a 12-month growth rate of 33.8% for houses.
Two-bedroom houses have a median sale price of $730,000, Three-bedroom houses have a median sale price of $925,000, Four-bedroom houses have a median sale price of $870,000 in Elphinstone (Vic.).
The median house rent has increased 50.0% over the last 12 months.
Crime and safety
The overall rate for Elphinstone is 10,942 offences per 100,000 residents — 169% above the Rest of Vic. benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Elphinstone.
Overall crime rate
10,942
offences per 100,000 residents
169% aboveRest of Vic.
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Elphinstone VIC 3448 is in Victoria, within Rest of Vic..
633 people call Elphinstone home, with an average of 2.3 people per household and a median household income of $1,447 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
Share of residents in each age band.
Share of occupied private dwellings.
Share of homes with a stated ownership or rental status.
Vehicles available to occupied households.
Selected ways residents worked or travelled on Census day.
23.9% of workers in Elphinstone worked from home on Census day — noticeably more common than across Rest of Vic..
3.3% of Elphinstone residents were born in England.
55.0% of people in Elphinstone described themselves as having no religion in the 2021 Census.
A closer look at the Census
Open any question for a plain-English reading of the public 2021 Census for Elphinstone VIC 3448.
15.5% of Elphinstone's residents were children under 15 in the 2021 Census. That is close to the Rest of Vic. average.
194 family households lived in Elphinstone; 34.0% were couple families and 13.4% were one-parent families.
24.7% of local families included children under 15. That is well below the Rest of Vic. average.
These are suburb-wide household figures, not school or childcare ratings.
Elphinstone had 633 residents at the 2021 Census.
20.5% of residents were aged 25 to 44.
43.0% were 55 or older. That is well above the Rest of Vic. average.
Age shares use the suburb’s total Census population.
Separate houses made up 98.4% of occupied private dwellings in Elphinstone.
Townhouses and other attached homes represented 0.0% of occupied private dwellings.
Flats and apartments accounted for 0.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
43.9% of households with a stated tenure owned their home outright. That is somewhat above the Rest of Vic. average.
51.4% were buying their home with a mortgage.
4.7% rented their home. That is about half the Rest of Vic. rate.
Tenure shares include households that stated one of these three arrangements.
The average household in Elphinstone had 2.3 people.
One-person households made up 26.0% of occupied homes. That is somewhat below the Rest of Vic. average.
Two-person households represented 44.5%, while 18.1% had four or more usual residents.
Household size counts usual residents in occupied homes.
23.9% of workers worked from home on Census day. That is well above the Rest of Vic. average.
54.2% drove a car as their only travel method. That is well below the Rest of Vic. average.
0.0% used only a train, tram or bus, while 2.6% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
0.0% of occupied households had no motor vehicle available. That is about half the Rest of Vic. rate.
One-car households formed 26.7% of the total.
74.5% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
69.8% were at the same address five years earlier, while 30.2% reported a different address.
12.3% of residents were born outside Australia. That is almost exactly typical for Rest of Vic..
Mobility figures cover residents who answered the relevant Census question.
89.3% of residents used only English at home.
3.6% used a language other than English at home.
0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
12.3% of Elphinstone's population was born outside Australia, while roughly 87.7% was born in Australia.
0.0% of residents were born in China.
0.0% were born in India, while Australian citizenship across the whole suburb stood at 89.4%.
Birthplace, citizenship and ancestry describe different parts of identity.
English ancestry accounted for 42.3% of ancestry responses in Elphinstone.
Australian ancestry made up 40.0% of responses.
Chinese ancestry represented 0.0% of responses.
People may nominate more than one ancestry, so these are shares of responses.
19.6% of employed residents worked in professional occupations. That is close to the Rest of Vic. average.
Managers accounted for 16.0% of employed residents, while clerical and administrative workers made up 11.8%.
Health care and social assistance employed 12.7% of workers, and education and training employed 12.4%.
Occupation and industry figures describe employed residents of the suburb.
The labour-force participation rate was 60.2%, compared with 57.4% across Rest of Vic..
27.5% of residents aged 15 and over worked full time, while 21.8% worked part time.
Unemployment was 5.2%, compared with 4.1% across Rest of Vic..
Labour-force figures come from the 2021 Census.
49.9% reported no selected long-term health condition.
9.3% reported a long-term mental health condition, including depression or anxiety.
8.4% reported asthma, 10.9% arthritis and 5.5% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
19.0% of people in the qualifications table held a bachelor degree. That is close to the Rest of Vic. average.
Postgraduate degrees accounted for 5.5% of qualification responses.
Diploma-level qualifications represented 16.5%, while certificate-level qualifications represented 34.4%.
Qualification categories are reported separately and are not school ratings.
Median household income was $1,447 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,594.
Occupied renting households reported a median rent of $203 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
Working from home was 23.9% in Elphinstone, compared with 15.1% across Rest of Vic..
Outright ownership was 43.9% locally and 40.9% across Rest of Vic.. That is somewhat above the Rest of Vic. average.
Renting accounted for 4.7% in Elphinstone, against 24.5% across Rest of Vic..
Capital-region comparisons use the same Census definitions and year.
Three useful questions
The median house price is $870,000. Bedroom count, land and condition still create a wide range around those suburb medians.
The Census counted 194 local families, and 15.5% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
3-bedroom houses have a median around $925,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Open a free street report for local prices, rents and recorded sale history.
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.
Aerial view