SOLD
Sold on 16 Dec 2023 for $720,000

1/2 Hood Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 396m2
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Chisholm & Gamon Property Elwood
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Property Details for 1/2 Hood St, Elwood

1/2 Hood St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 396m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
100m2
Land Size
396m2
Local Government
Port Phillip
Lot/Plan
1/SP21983

Last Listing description (July 2024)

Updated Tudor style apartment has enchanting elements of the '20s, like polished Baltic pine floorboards, high ceilings, leadlight windows, decorative capping, deep sills and picture rails, enjoy a contemporary feel that's both striking and timeless.

2 spacious bedrooms (BIRs), a subway-tiled kitchen with timber bench tops and stainless steel appliances; a stylish bathroom with beautiful 'fleur de lis' style floor tiles, black tap ware enhancing the timber cabinetry and laundry facilities.

In the charming 'Hoods Court,' an iconic Elwood landmark, this boutique abode is just one of 4 apartments and is complete with security doors, hydronic heating, timber blinds and a communal courtyard. Only moments to the beach and St Kilda Marina, around the corner from Jerry's Milk Bar, walk to cafes, transport and parks.

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Property History for 1/2 Hood St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$720,000
16 Dec 2023
Listed for Rent
$650/w
12 Jul 2024
  • 12 Jul 2024
    Listed for Rent $650 / week
  • 16 Dec 2023
    Sold for $720,000
  • 19 Sep 2023
    Listed for Sale Private Sale - $895,000
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About Elwood 3184

The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14% of total area. The population of Elwood in 2011 was 14,637 people. By 2016 the population was 15,548 showing a population growth of 6.2% in the area during that time. The predominant age group in Elwood is 30-39 years. Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation. In 2011, 42.4% of the homes in Elwood were owner-occupied compared with 41.9% in 2016.

Elwood has 10,218 properties. Over the last 5 years, Houses in Elwood have seen a 26.56% increase in median value, while Units have seen a 5.79% increase. As at 31 July 2024:

  • The median value for Houses in Elwood is $2,305,460 while the median value for Units is $673,116.
  • Houses have a median rent of $820 while Units have a median rent of $530.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 495 properties were sold in the past 12 months in Elwood.

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