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RECENT ADVICE
Sold on 28 Jun 2024 for $338,000

5/41 Clarence Street
Elsternwick VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 5/41 Clarence St, Elsternwick

5/41 Clarence St, Elsternwick is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Apartment sold in Elsternwick in the last 12 months.

Building Type
Apartment
Local Government
Glen Eira
Lot/Plan
32/RP8988

Last Listing description (June 2024)

Nestled in the heart of Elsternwick, this first-floor, one-bedroom unit offers a unique opportunity for investors, renovators, and first-time home buyers alike. Positioned at the front of a boutique low-rise block, the apartment features expansive floor-to-ceiling windows that flood the space with natural light and provide charming street views.

The unit retains its original charm, with a separate kitchen and a spacious living area awaiting a fresh touch. The property has been a long-term rental and is now ready for some love and attention, making it an ideal canvas for those looking to renovate and personalize their space.

Elsternwick is renowned for its vibrant lifestyle, and this unit places you within easy reach of everything it has to offer. Enjoy the convenience of Glen Huntly Road’s cafes and shops, catch a movie at the Classic Cinema, and take advantage of the nearby parks and excellent public transport options, including Gardenvale and Elsternwick Stations.

With a carport included, this property is perfect for those seeking a smart investment in a high-demand rental market or a stepping stone into homeownership in one of Melbourne’s most desirable suburbs. Don’t miss out on this affordable and cheerful opportunity!

Property History for 5/41 Clarence St, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$338,000
28 Jun 2024
Listed for Rent
$210/w
07 Jul 2007
  • 06 Jun 2024
    Sold for $338,000
  • 15 May 2024
    Listed for Sale Under Offer
  • 09 Nov 2013
    Listed for Sale Not Disclosed
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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 6,807 properties. Over the last 5 years, Houses in Elsternwick have seen a 11.88% increase in median value, while Units have seen a -6.04% decrease. As at 31 August 2024:

  • The median value for Houses in Elsternwick is $2,100,555 while the median value for Units is $659,047.
  • Houses have a median rent of $900 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 9 properties listed for rent in Elsternwick on OnTheHouse. According to CoreLogic's data, 281 properties were sold in the past 12 months in Elsternwick.

Suburb Insights for Elsternwick 3185

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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.