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2/8 Elizabeth Street, Elsternwick
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2/8 Elizabeth Street

Elsternwick, VIC 3185, Australia
2 bed 1 car

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Neighbourhood

Living in Elsternwick

This 2-bedroom apartment in Elsternwick, VIC 3185 sits within reach of public transport, local shops and nearby schools. It is listed 20% above the $899,000 median of 54 comparable apartmentswithin 5 km.

Schools near Elsternwick

  • Adass Israel Schoolcombined · Prep-12 · CoEd
  • Adass Israel School - Orrong Road Campuscombined
  • Leibler Yavneh Collegecombined · Prep-12 · CoEd
  • Wesley College - Elsternwick Campuscombined
  • Sholem Aleichem Collegeprimary · Prep-6 · CoEd
  • Sholem Aleichem College - Senior Campusprimary

What's nearby

  • Unnamed (bus)1.3 km away
  • Alamarah Barbers824 m away
  • Elsternwick Station Reserve739 m away
  • Unnamed784 m away
  • J.T. Berkley Reserve933 m away

Elsternwick at a glance

Full suburb profile
Population
10,887
Median age
38
Household income
$2,209/wk
Median rent
$441/wk
Median mortgage
$2,400/mo

Source: ABS Census.

Due diligence

Property Report

Flood Risk

Complete
Medium flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO) and Yarra River floodplain

Elsternwick is situated in Melbourne's bayside suburbs with proximity to the lower Yarra River floodplain. Parts of the suburb, particularly those closer to the river and low-lying areas, are subject to the LSIO due to historical flood risk from both river inundation and localised drainage issues. Properties on elevated ground away from watercourses face lower risk, but purchasers should verify individual property overlays.

Planning controls

  • Land Subject to Inundation Overlay (LSIO) applies to low-lying areas adjacent to the Yarra River
  • Mandatory flood risk assessment and mitigation measures for developments in overlay areas
  • Finished floor levels must be set above the 1% AEP (100-year) flood level plus freeboard
  • Referral to Melbourne Water required for planning applications within LSIO areas
Source: StMate AI — VIC flood overlays07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Elsternwick price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$712kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Elsternwick market

Within 5km

Nearby Properties

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