Eltham is Melbourne’s lifestyle suburb for professionals seeking a bush setting with city access. Rental yields are moderate for houses but units offer solid returns with strong tenant demand from professionals who prefer the Eltham lifestyle but cannot yet buy.
Eltham Rental Yield by Property Type
| Property Type | Median Price | Weekly Rent | Gross Yield |
|---|---|---|---|
| House (3 bed) | $1,080,000 | $580 | 2.8% |
| House (4 bed) | $1,280,000 | $680 | 2.8% |
| Unit (2 bed) | $580,000 | $470 | 4.2% |
| Unit (1 bed) | $420,000 | $360 | 4.5% |
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