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.
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.
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:
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