SOLD
Sold on 01 May 2024 for $1,225,000

1/201 Ormond Road
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 119m2
Land area: 960m2
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Property Details for 1/201 Ormond Rd, Elwood

1/201 Ormond Rd, Elwood is a 2 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 960m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
119m2
Land Size
960m2
Local Government
Port Phillip
Lot/Plan
1/PS537192

Last Listing description (June 2024)

Discover executive sophistication with a verdant twist in this contemporary apartment that frames the beauty of Yalukit William Nature Reserve across the road as your daily panorama. The substantially sized open-plan living and dining room seamlessly integrates the indoors with a covered terrace, where the canopy of the reserve is not just a view but an integral part of the luxurious interior. The quality kitchen serves up stone benchtops and European appliances, anchored by an island/breakfast bar that effortlessly transitions from your morning coffee spot to a sociable entertaining hub.

Offering personal sanctuaries are a main bedroom featuring a walk-in robe and shower ensuite, and the second equally plush with built-in robes and an ensuite with shower-over-the-bath. The third bedroom is ingeniously versatile, doubling up as a home office with a concealed desk, and linking to a second balcony to breathe in the calm.

Complete with the convenience of two secure car spaces, a storeroom, ducted heating and air conditioning and video-monitored security, every need is met with finesse.

All this, set in the heart of Elwood, with the village charm, the beach, transport, and Elsternwick Park just a stone's throw away. Plus, the close proximity to nature allows you to immerse yourself in the tranquility of the neighbouring reserve while still enjoying the urban vibe. Whether settling in or investing, secure your slice of an enviable bayside lifestyle where nature greets you each morning.

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Property History for 1/201 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$1,225,000
01 May 2024
Listed for Rent
$650/w
03 Aug 2018
  • 01 May 2024
    Sold for $1,225,000
  • 24 Apr 2024
    Listed for Sale $1,225,000
  • 06 Oct 2018
    Transferred
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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 10,225 properties. Over the last 5 years, Houses in Elwood have seen a 5.40% increase in median value, while Units have seen a 1.08% increase. As at 30 September 2024:

  • The median value for Houses in Elwood is $2,127,008 while the median value for Units is $668,000.
  • Houses have a median rent of $738 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Elwood.

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