Elwood is an inner bayside Melbourne suburb located 8 kms south east of the Melbourne GPO.

As of the 2016 Census there were 15543 residents earning a median household income of $1892 per week.

In 2016, the median monthly mortgage in Elwood was $2167.

In Elwood 55.2% of residents were tenants, paying a median weekly rent of $390.

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