SOLD
Sold on 07 Mar 2024 for $345,000

1/55 Foam Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 595m2
Sold By
Buxton St Kilda
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Property Details for 1/55 Foam St, Elwood

1/55 Foam St, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 595m2 and floor size of 42m2. 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.

Building Type
Unit
Year Built
1950
Floor Size
42m2
Land Size
595m2
Local Government
Port Phillip
Lot/Plan
1/SP22889

Last Listing description (March 2024)

Perfectly placed within steps of the beachfront, just off Elwood's golden mile, this one bedroom ground-floor apartment will appeal to first home buyers and investors alike. Freshly painted through out it has been presented to enjoy with open-plan living around an updated kitchen complete with island bench, separate bathroom with a modern vanity and laundry taps. A sunny bedroom with a wall of custom robes. Immerse yourself in everything Elwood has to offer with parks, cafes and restaurants on your doorstep. Permit parking available.

Property History for 1/55 Foam St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$345,000
07 Mar 2024
Listed for Rent
$310/w
14 Apr 2021
  • 07 Mar 2024
    Sold for $345,000
  • 21 Feb 2024
    Listed for Sale Private Sale: $330,000 - $360,000
  • 18 Jan 2021
    Listed for Rent $310 / week
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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 10,155 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.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 499 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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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.