SOLD
Sold on 15 May 2024 for $310,000

7/41 Nepean Highway
Elsternwick VIC 3185

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 1683m2
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Property Details for 7/41 Nepean Hwy, Elsternwick

7/41 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 52m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Elsternwick in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
52m2
Land Size
1683m2
Local Government
Glen Eira
Lot/Plan
37/RP975

Last Listing description (September 2024)

This large one-bedroom apartment is located at the rear of the block. A quiet and bright spacious lounge with balcony to compliment. Full size kitchen with meals area including gas stovetop, oven & full-size dishwasher, double stainless-steel sink and ample bench and storage space. Large bedroom with Walk in Robe, ensuite style bathroom with shower over bath and separate toilet and laundry facilities. This property also boasts a lock up storeroom, one-off street parking and private security entrance. Further features include gas heater, floorboards throughout, all within a short walk to some of the most convenient amenities including Elsternwick station, Glenhuntly Road trams, cafes & shops!

Property History for 7/41 Nepean Hwy, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$310,000
15 May 2024
Listed for Rent
$410/w
30 Jul 2024
  • 30 Jul 2024
    Listed for Rent $410 / week
  • 15 May 2024
    Sold for $310,000
  • 01 Feb 2022
    Listed for Rent $325 / week
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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.