SOLD
Sold on 11 Nov 2023 for $825,000

1/7 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 373m2
Sold By
Tex Macintosh
Buxton St Kilda
Zoe Cherrie
Buxton St Kilda
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Property Details for 1/7 Addison St, Elwood

1/7 Addison St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 373m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
80m2
Land Size
373m2
Local Government
Port Phillip
Lot/Plan
1/SP23970

Last Listing description (November 2023)

Filled with northern sun light on the ground floor, this cleverly renovated two bedroom apartment is a beautifully bright sanctuary of style with a fabulous entertaining courtyard just a short stroll from the beach. Soft neutral tones and carefully considered finishes ensure its series of impressive spaces form a serene yet sophisticated environment with the leafy northern courtyard hosting sunny decked areas and its own independent entry for easy entertaining. Generous living and dining areas and an impressive open plan kitchen are bathed in northern light with sliding glass doors providing an effortless indoor/outdoor connection to the captivating courtyard. Two bedrooms offer excellent BIRs/storage, the main with courtyard access, whilst a chic spa-like bathroom takes bathing to a luxury level with open double shower. Other highlights include the fully appointed stone kitchen with extensive bench space and storage, concealed laundry, pale timber floors, intercom security, a storage locker and designated OSP with immediate courtyard access in boutique five only building. A simply sensational turnkey home or investment in a prized pocket just a short stroll from all the lifestyle amenities that make this position so consistently popular. Walk to the beach and Bay Trails, Acland Street and the foreshore promenade, St Kilda Botanic Gardens, local favourite Jerry's Milk Bar and CBD bound trams. Washing machine and fridge come included in sale.

Property History for 1/7 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$825,000
11 Nov 2023
Listed for Rent
$400/w
10 Aug 2017
  • 11 Nov 2023
    Sold for $825,000
  • 18 Oct 2023
    Listed for Sale Auction: $730,000 - $800,000
  • 20 Oct 2018
    Sold for $598,000
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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.