Elwood's Number One!

Market Updates


We at Chisholm & Gamon were pretty chuffed to read on Thursday that Elwood has been named Australia’s top suburb for investment!

Recent research by property data firm Residex shows three Melbourne suburbs in the country’s top 10 investment hot spots – Elwood, St Kilda and Richmond.  According to this research, Elwood is the nation’s top suburb to buy a unit in, with expected annual growth of more than 8 percent until 2019.

Having been actively leasing and selling property in Elwood and St Kilda for many, many years  Chisholm & Gamon are in full agreement that these are top suburbs to invest in – the close proximity to the city while still enjoying the bayside lifestyle is a huge plus, along with the superb local amenities – village style shopping strips, an abundance of cafes, bars and restaurants, extremely reputable schools, sporting clubs and a genuine community atmosphere.

If you would like to keep updated on investment opportunities in Elwood, St Kilda, or anywhere bayside for that matter – contact us now!