Average rent in Elsternwick, VIC — 2026

Elsternwick is part of the Glen Eira council area and sits 9km out from the Melbourne CBD, with around 11,904 residents at the 2021 ABS Census. Renters here typically pay $426/week, which is above the Victoria median of $363/week. About 39% of households rent — the rest are owners or paying down a mortgage.

$426/wk

ABS 2021 Census median

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Suburb at a glance

Population
11,904

ABS 2021

Median age
38
Distance to Melbourne
9 km
Households renting
39%
Separate houses
38%
Flats / apartments
42%
Born overseas
30%
Top occupation
Professionals
LGA
Glen Eira

Renting in Elsternwick

Renting in Elsternwick costs more than most of Victoria — the typical renter pays $426/week, which is 17% above the state median of $363/week (ABS Census 2021). The suburb is mostly renters (39%) living mostly in flats and apartments (42%), which fits the inner-Melbourne pattern. About 30% of residents were born overseas, and Professionals is the biggest occupation category. Elsternwick is 9km from the CBD — close to jobs, transit, and the kind of inner-city amenity that pushes rent up. Applications close fast and competition is real. State rent indices have moved a lot since 2021, so the live figure above matters more than the Census baseline.

Frequently asked questions

What's the median rent in Elsternwick?+
According to the ABS 2021 Census, the median weekly rent in Elsternwick, VIC was $426. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Elsternwick rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Elsternwick came in at $426 — 17% above. Elsternwick sits 9km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 38% separate houses and 42% flats).
Which suburbs near Elsternwick have lower rent?+
Nearby suburbs with lower median rents than Elsternwick's $426/week (ABS 2021) include Rowville - Central, Abbotsford, Knoxfield - Scoresby. Wantirna, Fraser Rise - Plumpton, Wattle Glen - Diamond Creek sit above. Bear in mind that lower nominal rent doesn't always reflect better value once you factor in commute time, transit access, and housing condition — the rent submission form below lets you contribute to the live picture for your area.

Nearby suburbs in VIC

Tarneit - Central

$380/wk

Beaumaris

$612/wk

Brighton East

$602/wk

Brighton (Vic.)

$600/wk

Port Melbourne Industrial

$585/wk

Balwyn North

$554/wk

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