1/37 Foam StreetElwood VIC 3184
Property Details for 1/37 Foam St, Elwood
1/37 Foam St, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.
Last Listing description (September 2024)
This charming 1-bedroom ground floor apartment is located in Elwoods "Golden Mile", and just a few minutes walk to Elwood foreshore at one end of the street and a few minutes walk to Elwood Village the other; making it a perfect choice for first home buyers, retirees or investors looking for a great opportunity in a highly sought and coveted lifestyle locale.
The apartment has been stylishly renovated with modern bathroom and kitchen with stainless steel appliances and dishwasher, separate euro laundry and queen sized bedroom with plush carpet and BIR.
Other features include; a secure off street carpark to the rear of the property, intercom entry, air conditioning, timber look flooring, roller blinds, and fans to the lounge and bedroom.
Close by there is an abundance of outdoor recreation spaces to enjoy, including the canal trail and Elsternwick Park, plus tennis, cricket, bowls and football clubs to name a few.
For the investors; the rental yield expectation is approximately $420 - $440 per week.
Don't miss out on the chance to own this fantastic low maintenance property in a prime location.
Contact us today to arrange a viewing and make this apartment your new home!
Property History for 1/37 Foam St, Elwood, VIC 3184
- 06 Mar 2024Sold for $440,000
- 22 Feb 2024Listed for Sale $450,000 - $480,000
- 01 May 2023Listed for Sale $480,000 - $520,000
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0About 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 10,155 properties. Over the last 5 years, Houses in Elwood have seen a 2.81% increase in median value, while Units have seen a 1.73% increase. As at 31 October 2024:
- The median value for Houses in Elwood is $2,090,299 while the median value for Units is $672,005.
- Houses have a median rent of $695 while Units have a median rent of $550.
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