SOLD
Sold on 04 Sep 2024 for $385,000

11/41 Nepean Highway
Elsternwick VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 1683m2
Sold By
Gary Peer & Associates Pty Ltd
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Property Details for 11/41 Nepean Hwy, Elsternwick

11/41 Nepean Hwy, Elsternwick is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1683m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Elsternwick in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
53m2
Land Size
1683m2
Local Government
Glen Eira
Lot/Plan
11/RP975

Last Listing description (September 2024)

Instantly appealing for its convenient location, this solid 70's top level apartment with generous proportions, abundant natural light & lovely leafy outlooks is guaranteed to impress! Securely located at the rear of a well-maintained block, this solid & spacious apartment with a classic feel presents an exciting opportunity for first home buyers looking to make their mark or savvy investors looking for a high growth location. A wonderfully expansive carpeted living room with study nook & elevated leafy views enjoys access to a sun drenched spacious entertainer's balcony. Adding to the appeal is a separate neatly presented kitchen with space for dining area. While a good sized bedroom with walk-in robe & a sparkling ensuite with shower over bath, heated towel rail & laundry facilities completes the accommodation. Other features include split system heating/cooling, hallway storage, intercom entry & under cover parking. Ideally located in a wonderful lifestyle location within walking distance to Elsternwick Station as well as vibrant Elsternwick Village's shops, restaurants cafes & cinema all close by.

Property History for 11/41 Nepean Hwy, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$385,000
04 Sep 2024
Listed for Rent
$275/w
28 Mar 2022
  • 04 Sep 2024
    Sold for $385,000
  • 06 Aug 2024
    Listed for Sale Not Disclosed
  • 13 May 2023
    Sold for $370,000
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About Elsternwick 3185

The size of Elsternwick is approximately 2.6 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Elsternwick in 2011 was 9,774 people. By 2016 the population was 10,326 showing a population growth of 5.6% in the area during that time. The predominant age group in Elsternwick is 30-39 years. Households in Elsternwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elsternwick work in a professional occupation. In 2011, 63.1% of the homes in Elsternwick were owner-occupied compared with 61.1% in 2016.

Elsternwick has 6,786 properties. Over the last 5 years, Houses in Elsternwick have seen a 0.78% increase in median value, while Units have seen a -9.04% decrease. As at 31 October 2024:

  • The median value for Houses in Elsternwick is $2,069,100 while the median value for Units is $679,424.
  • Houses have a median rent of $850 while Units have a median rent of $550.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Elsternwick on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Elsternwick.

Suburb Insights for Elsternwick 3185

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.