SOLD
Sold on 11 Jul 2024 for $577,000

1/8 Spray Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 485m2
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Property Details for 1/8 Spray St, Elwood

1/8 Spray St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 485m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
74m2
Land Size
485m2
Local Government
Port Phillip
Lot/Plan
7/SP24372

Last Listing description (August 2024)

On the ground floor of the delightfully named 'Seaspray', a classic Elwood block of just 6 homes, this light-filled apartment dishes up potential, accessibility and affordability in a highly-desired locale. A perfect opportunity for young buyers & investors hunting in the prized 3184 postcode, this is equally a great downsizer for lifestyle-focused retirees.
Refreshed with new paint and flooring, the spacious home is located at the front of the building and opens to a distinct entrance hall flowing into a well-sized living and dining room. Across the hall, the kitchen is functional and flushed with light, while also giving scope for an easy modern makeover - a bright bathroom with bath & laundry taps services the home.
Both of the bedrooms can accommodate a double bed easily and offer fitted wardrobes, one enjoying access out to a front yard for those all-important fresh breezes. A heater, buzzer entry and on-site parking round off a satisfying setting that still delivers plenty of scope to add your own personal flourish.

Life is made for living and this is a location that allows you to do it well! Just minutes on foot to boutique shops and fabulous cafes, close to parklands and within a walk of trams & Elsternwick station, it is also close to the canal for a leafy morning walk and an easy stroll to the bay.

Property History for 1/8 Spray St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$577,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $577,000
  • 11 Jul 2024
    Sold for $577,000
  • 27 Jun 2024
    Listed for Sale Not Disclosed
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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 10,218 properties. Over the last 5 years, Houses in Elwood have seen a 26.56% increase in median value, while Units have seen a 5.79% increase. As at 31 July 2024:

  • The median value for Houses in Elwood is $2,305,460 while the median value for Units is $673,116.
  • Houses have a median rent of $820 while Units have a median rent of $530.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 495 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.